Australian taxation law ( deduction)

Australian taxation law ( deduction)

Advise tax consequences of the above facts in the case study, referring to appropriate legislation and case law. 
important legislation
  INCOME TAX ASSESSMENT ACT 1997 
Division 25–Some amounts you can deduct
Division 26–Some amounts you cannot deduct, or cannot deduct in full
Division 40–Capital allowances
Division 43–Deductions for capital works
 ITAA 1997 s8. 

text book:  Sadiq K. (general editor) 2018, Principles of Taxation Law, Thomson Reuters, Sydney. 
Details regarding assessment is attached below

 
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"