Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 27.110

    This Subdivision applies to an * input tax credit, or an * increasing adjustment or * decreasing adjustment, that relates directly or indirectly to 2 or more things of which at least one is a * depreciating asset as if a reasonable proportion of the input tax credit or adjustment related directly or indirectly to each of those depreciating assets and each of those other things.

Table of Subdivisions

  Guide to Division   28

28 - A   Deductions for car expenses

28 - B   Choosing which method to use

28 - C   The "cents per kilometre" method

28 - F   The "log book" method

28 - G   Keeping a log book

28 - H   Odometer records for a period

28 - I   Retaining the log book and odometer records

28 - J   Situations where you cannot use, or do not need to use, one of the 2 methods