Commonwealth Consolidated Acts Commonwealth Consolidated ActsYour assessable income for an income year includes an amount, and you are entitled to a * tax offset for the income year, if:
(a) you receive one or more * excess non - concessional contributions determinations for a * financial year that corresponds to the income year; and
(b) you are not liable to pay * excess non - concessional contributions tax for the financial year on the full amount of the excess stated in the most recent of those determinations.