Income Tax Regulations (Amendment) (Cth)

STATUTORY RULES.

1922. No. 89.

REGULATIONS UNDER THE INCOME TAX ASSESSMENT ACT 1915-1921.

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Income Tax Assessment Act 1915-1921, to come into operation forthwith.

DATED this 22nd day of June 1922.

(Signed) FORSTER

Governor-General.

By His Excellency’s Command,

S. M. BRUCE

Treasurer.

 

AMENDMENT OF THE INCOME TAX REGULATIONS 1917.

(Statutory Rules 1917, No. 280, as amended to this date.)

1. The heading immediately preceding regulation 37 of the Income Tax Regulations is amended by adding after the word “OBJECTIONS” the words “and APPEALS”.

2. After regulation 37 of the Income Tax Regulations the following regulation is inserted:—

“37a. In any case in which a taxpayer objects to the inclusion of certain income in the calculation of his taxable income and the objection has been disallowed by the Commissioner, the amount of deposit to accompany the written request of the taxpayer to treat the objection as an appeal to a Board of Appeal shall be one per centum of the amount of the income to the inclusion of which the taxpayer objects, or, where the objection has been disallowed in part only, the amount of the income which is in dispute between the Commissioner and the taxpayer:

Provided/

 

Provided that in any case the maximum amount of deposit shall not exceed Fifty pounds, and the minimum amount of deposit shall be