Section DA1 General Permission of Part D Deductions allows an amount of expenditure or loss, including an amount of depreciation loss for deriving an income1.
Part E is Timing and Quantifying Rules. Subpart EA2 has the rules for trading stock, livestock, excepted financial arrangements (EA1), revenue account property(EA2), and prepayments(EA3).
Subpart EE - Depreciation quantifies amounts for depreciation loss and depreciation recovery income3.
Subsections
when a person has an amount of depreciation loss for an item - ss EE1(2)4
when a person has an amount of depreciation recovery income for an item - ss EE1(3)4
what is depreciable property - ss EE6 - property in normal circunstances. might reasonably to expected to decline in value while it is used or available for use in deriving an income5.