Taxation Ruling
IT 2314H - Notice of Archival
Income tax: year ended 30 June 1986 - arbitrary limits - deductions under subsection 51 (1)
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Please note that the PDF version is the authorised version of this ruling.
FOI status:
may be releasedNOTICE OF ARCHIVAL
Taxation Ruling IT 2314 is no longer current and has been archived.
The Ruling provided arbitrary limits for unvouched expenditure which was being claimed under subsection 51(1) of the Income Tax Assessment Act 1936 for the year ended 30 June 1986.
Prior to the insertion of the substantiation provisions, there existed the practice of establishing arbitrary limits for certain unvouched employment-related expenditure.
Commissioner of Taxation
8/12/94