Catchwords
Income tax – Assessable income - Respondent received periodic payments of youth allowance under Social Security Act 1991 (Cth) - Whether receipts income according to ordinary concepts.
Income tax – Allowable deductions - Respondent incurred certain expenses in undertaking university study - Respondent required to undertake full-time study to establish and retain entitlement to youth allowance - Whether expenses incurred in gaining or producing assessable income - Whether expenses of a private nature.
Words and phrases – "incurred in gaining or producing", "ordinary income", "private or domestic nature".
Income Tax Assessment Act 1997 (Cth) – ss 6-5(1), 8-1, 51-1, 51-10, 51-35.