Income tax: substantiation: what are the consequences if a taxpayer fails to respond to a notice to produce documentary evidence, issued under subsection 82KZA(2) of the Income Tax Assessment Act 1936 ?

Taxation Determination TD 93/12 is withdrawn with effect from today.

Section 900 -185 of the Income Tax Assessment Act 1997 provides a clear answer to the question being addressed by this Determination. This answer is in accordance with the Commissioner's interpretation as outlined in this Determination which applied to the Income Tax Assessment Act 1936 .