Interactive Revision · Chapter 10
Chapter 10: Specific Deductions, Borrowing Costs, Repairs and Deduction Denials Click a square and type one letter. Select Check answers . Correct letters turn green with ✓; incorrect letters turn red with ✕. Change any red letter and check again. The answer key is on a separate page.
Across 1. Deductibility depends on Division 30 requirements.5. Generally non-deductible under s 26-5.6. Authority linking interest deductibility to use of borrowed funds.10. Repairs/improvement authority.12. Expenditure relating to illegal activities may be denied by s 26-54.13. Student-assistance repayments denied under s 26-20.15. Discharge expenses potentially covered by s 25-30.16. Required where borrowed funds or expenditure have mixed purposes.17. Repairs authority.18. Authority relevant to interest deductions.Down 2. Specific deduction provision for certain losses by theft.3. Specific deduction category under s 25-35.4. Public-official bribes specifically denied.7. Payments to relatives or associates may be limited by s 26-35.8. Generally subject to denial rules in Division 32.9. Restoration deductible under s 25-10 where statutory conditions are met.11. Tax-related expense potentially deductible under s 25-5.12. Cost of using borrowed funds generally tested under s 8-1.14. Costs of obtaining finance potentially deductible under s 25-25.19. Authority distinguishing repair from capital improvement.Taxation Law in Australia • Interactive Revision • JUNIQ