The ATO has published a Decision Impact Statement in relation to the AAT's decision in North Sydney Developments Pty Ltd and FCT  AATA 363; 2014 ATC 10-365.
The case concerned the entitlement to input tax credits for acquisitions made more than 4 years previously, whether adequate notice was given within the 4 year period, and the effect of a lodgment and payment notice issued to the taxpayer.
The AAT found for the taxpayer on the question of adequate notice, finding that the taxpayer's letter to the Commissioner satisfied the 'notification' requirement in s 105-55 of of Schedule 1 to the Taxation Administration Act 1953. The ATO accepts the decision.
The ATO says that it is reviewing MT 2009/1 and PS LA 2009/3 as a result of the decision.