Pt IVA inserted by No 110 of 1981.
Former s 177G(1) repealed by No 161 of 2005, s 3 and Sch 1 items 64 and 65 (as amended by No 80 of 2006, s 3 and Sch 13 item 1), applicable in relation to assessments for the 2004-05 year of income and later years of income.
No 80 of 2006, s 3 and Sch 13 item 2, contained the following application provision:
An amendment of an assessment made on or after 19 December 2005 and before the day on which this Act receives the Royal Assent
ie 30 June 2006] under section
Income Tax Assessment Act 1936
relying on subsection 177G(1) of that Act (as in force immediately before 19 December 2005) is as valid as it would have been if that subsection were in force on the day the amendment was made.
S 177G(1) formerly read:
177G(1) Nothing in section
prevents the amendment of an assessment at any time before the expiration of 6 years after the date on which tax became due and payable under the assessment if the amendment is for the purposes of giving effect to subsection