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III724 December 1937 pp 2173-82III724 Dec 1937 p. 2173-82
RTF Name: L:\swans2\WorkDir\Income Tax Regulations - 10.rtf Place holder for Tables (if any):
Start Date: 11/11/1998 End Date: 01/01/2999
1998111129990101
Document Type : SEC
Search Start Date: 36110
Index Entry : Income Tax Regulations\Part III - Liability to taxation
Search End Date: 401404
temp:Income+Tax+Regulations+-+10.pdf&3D0301971537E6F848256CFD0008100B
7. Option as to method of depreciation
(1) The option which may be exercised in pursuance of paragraph (b) of Subsection (1) of Section 58 of the Act shall be notified in accordance with Form 5, and shall be signed by the taxpayer, and delivered to the Commissioner at the Taxation Department, Barrack Street, Perth, on or before the date of the furnishing of the first return to which the option applies.
(2) The notification shall apply to all units of property in respect of which depreciation is allowable under the Act.
[Regulation 7 amended by Gazette 23 August 1940 p.1540.]