Computation of total income presumes accruals and receipts relate to the relevant financial year and assessed person. References to any accrual, receipt, expenditure, withdrawal, asset or liability in computing total income are presumed to relate to the financial year for ... Summary
Computation of total income presumes accruals and receipts relate to the relevant financial year and assessed person.
References to any accrual, receipt, expenditure, withdrawal, asset or liability in computing total income are presumed to relate to the financial year for which income is computed and to the person whose income is being assessed.
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