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[1699] Taxpayer granted extension of time to lodge objection.
- Article from:
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Australasian Business Intelligence
- Article date:
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September 30, 2003
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Sep 30, 2003 (Weekly Tax Bulletin - ABIX via COMTEX)
The Australian Taxation Office (ATO) has been involved in a dispute with a company named Tube Securities. The dispute relates to a tax assessment made by the ATO in 1992. The Administrative Appeals Tribunal (AAT), which has been hearing the dispute, was told that the company had no real reason until 2000 to challenge the nature of the assessment. The AAT found that the reasons given by the company for the eight-year delay were valid, and it has granted Tube Securities an extension of time to ...