...and property in the United States and Its territories, Alaska, and the District of Columbia. , lading all charges such as rentals or franchise payments required to be made a? ; condition to the continued use or possession of property ; (second) all losses ctaally sustained...

...ought to be treated as net income for purposes of taxation. There is a specific provision for deducting "all losses actually sustained within the year and not compensated by insurance or otherwise." And this is a sufficient indication that losses in immediate contemplation, but not as yet actually...

...necessary expenses actually paid within the year out of income in the maintenance and operation of its business and properties, including all charges, such...not compensated by insurance or otherwise, including reasonable allowance for depreciation of property, if any. (Third.) Interest actual!}7 paid within...

...the year In the maintenance and operation of its business and properties, Including rentals, etc., "(second) all losses actually sustained, within the...insurance or otherwise, including a reasonable allowance lor depreciation by use, wear and tear of property, if any." In the case of Mutual Benefit Insurance...

...corporation, joint stock company or association, or insurance company, within the year, stating separately all charges such as rentals or franchise payments...condition to the continued use or possession of property, and if organized under the laws of a foreign country the amount so paid in the maintenance and operation...

...taking title, or in which it has no equity. "Second. All losses actually sustained and charged off within the year and not compensated by insurance or otherwise, including a reasonable allowance for the exhaustion, wear and tear of property arising out of its use or employment in the business or trade;...

...necessary expenses actually paid within the year out of income in the maintenance and operation of its business and properties, including all charges, such...condition to the continued use or possession of property. 543 3rd. Interest actually paid within the year on its bonded or other indebtedness to an amount of...

...corporation, joint stock company or association, or insurance company, within the year, stating separately all charges such as rentals or franchise payments...condition to the continued use or possession of property, and if organized under the laws of a foreign country the amount so paid in the maintenance and operation...

...corporation, joint stock company or association, or insurance company, within the year, stating separately all charges such as rentals or franchise payments...condition to the continued use or possession of property, and if organized under the laws of a foreign country the amount so paid in the maintenance and operation...

...corporation, joint stock company or association, or insurance company, within the year, stating separately all charges such as rentals or franchise payments...condition to the continued use or possession of property, and if organized under the laws of a foreign country the amount so paid in the maintenance and operation...