Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE  

Division 40 - Capital allowances  

Subdivision 40-C - Cost  

Operative provisions

SECTION 40-175  

40-175   Cost  


The cost of a *depreciating asset you *hold consists of 2 elements.
Note:

The cost of a depreciating asset may be modified by one of these provisions:

  • • Subdivision 27-B ;
  • • subsection 40-90(2) ;
  • • paragraph 40-362(3)(c) ;
  • • paragraph 40-365(5)(a) ;
  • • section 40-1110 ;
  • • section 775-70 ;
  • • section 775-75 .

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