Taxation Laws Amendment Act (No. 1) 1995 (120 of 1995)
Schedule 1 VARIOUS AMENDMENTS OF THE INCOME TAX ASSESSMENT ACT 1936
Part 10 PAYMENT OF INSTALMENTS BY COMPANIES ETC.
72 Paragraph 166A(1)(a)
Omit the paragraph, substitute:
"(a) the Commissioner is taken to have made, on the day on which the return is furnished, an assessment of the relevant taxable income or net income, as the case may be, and of the tax payable on that taxable income or net income, being those respective amounts as specified in the return; and".
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