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TAXATION – appeal from an objection decision of the Commissioner of Taxation – whether certain outgoings were incurred in gaining or producing assessable income and therefore deductible under s 8-1(1)(a) of the Income Tax Assessment Act 1997 (Cth) – whether taxpayer incurred share losses and legal fees in a “business operation or commercial transaction” entered into for the purpose of making a profit – application of principle in Federal Commissioner of Taxation v The Myer Em

TAXATION – determination of period of interest for RBA surplus pursuant to s 12AD of the Taxation (Interest on Overpayments and Early Payments) Act 1983 (Cth) – ascertainment of RBA interest day as defined in s 12AF of the Overpayments Act – whether taxpayer had given the Commissioner of Taxation a notification which was required for the refund under s 8AAZLG of the Taxation Administration Act 1953 (Cth) (Administration Act) – whether the taxpayer was required by s 31-5 of th