Structure
The Income Tax Act 1967, in its current form (1 January 2006), consists of 10 Parts containing 156 sections and 9 schedules (including 77 amendments). • Part I: Preliminary • Part II: Imposition and General Characteristics of the Tax • Part III: Ascertainment of Chargeable Income • Chapter 1: Preliminary • Chapter 2: Basis years and basis periods • Chapter 3: Gross income • Chapter 4: Adjusted income and adjusted loss • Chapter 5: Statutory income • Chapter 6: Aggregate income and total income • Chapter 7: Chargeable income • Chapter 8: Special cases • Part IV: Persons Chargeable • Part V: Returns • Part VI: Assessments and Appeals • Chapter 1: Assessments • Chapter 2: Appeals • Part VII: Collection and Recovery of Tax • Part VIIA: Fund for Tax Refund • Part VIII: Offences and Penalties • Part IX: Exemptions, Remission and Other Relief • Part IXA: Special Incentive Relief • Part X: Supplemental • Chapter 1: Administration • Chapter 2: Controlled companies and powers to protect the revenue in case of certain transactions • Chapter 3: Miscellaneous • Schedules ==References==