Taxation Ruling IT 169A - Addendum - Double wool clips







Taxation Ruling IT 169 is amended by the following, due to past amendments to section 26BA. These amendments extend the operation of section 26BA to situations where second wool clips result from fire or flood, in addition to drought. They also ensure that the section applies to all financial years after 1966, it having originally applied only to the 1965 and 1966 financial years. Apart from these extensions in operation, the effect of the section remains largely unchanged. | Commissioner of Taxation 6/10/94


Related rulings: IT 169