StatuteIncome Tax Assessment Act 1936

Section 153 — Income Tax Assessment Act 1936: Taxpayer with no taxable income

Text of the provision Official document

Any year in which the taxpayer was carrying on business but had no taxable income shall be capable of being an average year.

There are no decisions in our collection citing this provision yet. As new judgments are published, they will appear here.

See judgments from Australian courts and tribunals with a plain-English summary and legal holding.