Tax Law Improvement Act 1997 (121 of 1997)

Schedule 2   Assessable income

Part 2   Consequential amendment of the Income Tax Assessment Act 1997

6   Section 10-5 (table item headed 'compensation')

Omit:

profit or income, insurance or indemnity for loss of

 

26(j)

substitute:

profits or income, insurance or indemnity for loss of

 

15-30

received by lessor for lessee’s non-compliance with lease obligation to repair

 


15-25

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