80F.     Treatment of connected persons and accommodating or tax-indifferent parties

 

For the purposes of applying section 80C or determining whether or not a tax benefit exists for purposes of this Part, the Commissioner may –

 

(a)     treat parties who are connected persons in relation to each other as one and the same person; or

 

(b)     disregard any accommodating or tax-indifferent party or treat any accommodating or tax-indifferent party and any other party as one and the same person.