INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

SCHEDULE 2B  

Substantiation rules


TABLE OF DIVISIONS


1 Introduction
2 Substantiating work expenses
3 Substantiating car expenses
4 Substantiating business travel expenses
5 Written evidence
6 Travel records
7 Retaining and producing records
8 Relief from effects of failing to substantiate
9 Award transport payments

Division 7 - Retaining and producing records  

SECTION 7-2   7-2   EXTENDING THE 5 YEARS IF AN EXPENSE IS DISPUTED  
The retention period is automatically extended if one of the following types of dispute relating to the expense is unresolved when the 5 years end:


(a) an objection; or


(b) a review or appeal arising from an objection; or


(c) a request for amendment of an assessment.

The extension lasts until the dispute is resolved.


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