Rizkallah and Commissioner of Taxation (Taxation) [2022] AATA 3081

TAXATION – Income Tax – review of objection decision – deductions – whether outgoings of rental property eligible for deduction under s 8-1 of Income Tax Assessment Act 1997 (Cth) – where property leased to husband – expenses not incurred in the course of producing assessable income – where losses or outgoings are of a private or domestic nature – whether administrative penalty should be imposed – where conduct amounts to recklessness as to operation of taxation law – whether discretion should be exercised to remit any part of the penalties – objection decisions for assessment of income affirmed – objection decisions as to penalties varied to partially remit penalties.

Full decision here