INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
This section does not apply to the 1997-98 year of income or a later year of income.
This section has no equivalent in the Income Tax Assessment Act 1997 . Legal expenses may be deductible under section 8-1 of that Act (about general deductions) or under other provisions.
(a) for the services of a barrister or solicitor;
(b) for the registration or deposit in a public register or a public office, or the stamping, of a document; or
(c) in connection with proceedings before a court, board, commission or similar tribunal,
Legal expenses incurred in the year of income in carrying on a business for the purpose of gaining or producing assessable income shall, except to the extent to which they are expenses of a private or domestic nature, be allowable deductions.64A(3) [Maximum deduction]
The deduction allowable under this section shall not be greater than the amount (if any) by which $50 exceeds any amount allowable as a deduction under section 51 in respect of legal expenses.