SECTION 36-1 What this Division is about
If you have more deductions for an income year than you have income, the difference is a
Note:You may be able to utilise the tax loss in that or a later income year.
You may be able to utilise the tax loss in that or a later income year.
S 36-1 amended by No 88 of 2013, s 3 and Sch 6 items 6
7, by omitting
which you may be able to deduct in a later income year
and inserting the note at the end, effective 29 June 2013.