Section 961 — Income Tax Assessment Act 1997 (Cth)

This Subdivision provides for a notional tax offset for an income year if you contribute to the maintenance of a non‑student child or a student dependant. The notional tax offset can only be taken into account in working out certain tax offsets under the Income Tax Assessment Act 1936.

Table of sections

Entitlement to the notional tax offset

961‑5 Who is entitled to the notional tax offset

Amount of the notional tax offset

961‑10 Amount of the dependant (non‑student child under 21 or student) notional tax offset

961‑15 Reduced amounts of the dependant (non‑student child under 21 or student) notional tax offset

961‑20 Reductions to take account of the dependant’s income

Related sections

• s 909 — ‑1  Regulations
• s 950 — ‑100  What forms part of this Act
• s 960 — ‑20  Utilisation
• s 974 — ‑1  What this Division is about
• s 975 — ‑150  Position to affect rights in relation to a company
• s 976 — ‑1  Franked part of a distribution

Research how courts apply s 961

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.