12.Section 464B provides relief similar to that in section 458 CTA10 for loans.
13.If there is a section 464A tax charge on a benefit conferred, section 464B provides relief where the value is returned to the close company as a payment and without consideration being given for the payment.
14.Section 464B has time limits and claims rules which mirror those of section 458 CTA10.
Introduction Section 464B Relief in case of return payment to company