Taxation Ruling
IT 34
Investment allowance - video cassette recorders and television monitors
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FOI status:
may be releasedFOI number: I 1100052Preamble
Advice was sought by a Branch Office on the treatment of video cassette recorders and television monitors for investment allowance purposes.
Ruling
It is agreed that this kind of equipment should be treated as ineligible for the investment allowance, being appliances of a kind ordinarily used for household purposes (section 82AF(1)(a)).
Commissioner of Taxation
14 September 1979
References
ATO references:
NO 78/9822
Date original memo issued:
14.09.79
Subject References:
video cassette recorders
television monitors
investment allowance
Legislative References:
ITAA 82AF(1)(a)
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