ITAA 1997 s 26-5(1)(a)

Income tax: is:(a) a late lodgment fee under the Corporations (Fees) Regulations 2001; or (b) a pecuniary penalty for an offence under the Corporations Act 2001 , 'an amount (however described) payable, by way of penalty' within the meaning of that phrase in paragraph 26-5(1)(a) of the Income Tax Assessment Act 1997?

Scholarship - deductibility of damages for breach of contract

Deductions: amount payable under section 60 of the Excise Act