Income Tax Assessment Act 1936
PART III - LIABILITY TO TAXATION Division 1 - General
SECTION 21 WHERE CONSIDERATION NOT IN CASH 21(1) [Non-cash consideration]
Where, upon any transaction, any consideration is paid or given otherwise than in cash, the money value of that consideration shall, for the purposes of this Act, be deemed to have been paid or given.21(2) [Effect of section]
This section has effect subject to section 21A .
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.