Taxation Ruling
IT 337W - Withdrawal
Income tax: improvements carried out by lessee - section 62A
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Please note that the PDF version is the authorised version of this withdrawal notice.
FOI status:
may be releasedNOTICE OF WITHDRAWAL
Taxation Ruling IT 337 is withdrawn with effect from today.
1. Taxation Ruling IT 337 is about former section 62A of the Income Tax Assessment Act 1936. That section allowed the owner of a franchise a deduction for expenditure incurred as required by the franchise. The section was repealed in 1989.
2. IT 337 was the subject of a Notice of Archival on 22 May 1996.
3. IT 337 is now being withdrawn in accordance with paragraph 5 of Addendum No. 3 to Taxation Ruling IT 1 Taxation Ruling System: explanation and status, which states:
We will withdraw progressively all Rulings in the IT series for which we have issued Notices of Archival.
Commissioner of Taxation
7 June 2006