Taxation Ruling

IT 89W - Notice of Withdrawal

Depreciation - plant used in excess of normal hours

  • Please note that the PDF version is the authorised version of this withdrawal notice.

FOI status:

may be released

Notice of Withdrawal

Taxation Ruling IT 89 is no longer current and is therefore withdrawn.

The ATO policy on the matter covered by the Ruling is well established. Additional depreciation for plant used in excess of normal hours is not to be based on the formula issued in 1974.

Commissioner of Taxation
27 August 1997

References

ATO references:
NO NAT 97/6784-3

ISSN 0813-3662

Related Rulings/Determinations:

IT 89

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