This Subdivision reverses the effect of deductions for lease payments for a car leased to you (or to your associate), but only if you make a profit by disposing of the car after acquiring it from the lessor. The
of these amounts is included in your assessable income:
your profit on the disposal;
the total deductible lease payments for the period of the lease;
the total amounts you
could have deducted
for the car's decline in value if, instead of leasing it, you had owned it and used it solely for the purpose of producing assessable income.