Legislation

ITAA 1997 s 24 of the FBTAA as the loan repayments are repayments of principal on an interest free loan and the employee would not have been entitled to an income tax deduction under section 8-1

ATO documents that consider ITAA 1997 s 24 of the FBTAA as the loan repayments are repayments of principal on an interest free loan and the employee would not have been entitled to an income tax deduction under section 8-1