Summary of Contents

Preface  

Addendum  

Table of Cases  

Table of Sections  

PART I ASSESSABLE INCOME

Chapter 1:  

JURISDICTIONAL ASPECTS AND THE MEANING OF INCOME 

Chapter 2:

INCOME UNDER THE ASSESSMENT ACT ADOPTING ORDINARY USAGE 

Chapter 3:

INCOME BY SPECIFIC STATUTORY PROVISIONS: SECTIONS 25A AND 26AAA  

Chapter 4:

INCOME BY OTHER SPECIFIC STATUTORY PROVISIONS 

PART II ALLOWABLE DEDUCTIONS: THE REDUCTION OF ASSESSABLE INCOME TO TAXABLE INCOME

Chapter 5:  

THE FRAMEWORK OF SECTION 51 OF THE ASSESSMENT ACT 

Chapter 6: 

RELEVANT AND WORKING EXPENSES 

Chapter 7: 

RELEVANT EXPENSES THAT ARE CAPITAL: “LOSSES OR OUTGOINGS OF A CAPITAL NATURE” 

Chapter 8: 

EXPENSES THAT ARE IRRELEVANT: PRIVATE OR DOMESTIC EXPENSES 

Chapter 9: 

APPORTIONMENT OF EXPENSES 

Chapter 10:  

SPECIFIC PROVISIONS CONFIRMING, EXTENDING OR QUALIFYING DEDUCTIBILITY UNDER SECTION 51(1) 

PART III TAX ACCOUNTING

Chapter 11: 

ACCOUNTING FOR RECEIPTS AND OUTGOINGS 

Chapter 12: 

ACCOUNTING FOR SPECIFIC PROFIT OR LOSS 

Chapter 13: 

ASSIGNMENT OF INCOME 

Chapter 14: 

ACCOUNTING FOR TRADING STOCK 

Chapter 15: 

TAX ACCOUNTING IN CONDITIONS OF INFLATION 

Chapter 16: 

THE RECONSTRUCTION OF TAX ACCOUNTS 

Index