...are to be included for the taxable year in which actually or constructively received. Expenditures are to be deducted for the taxable year in which actually made. For rules relating to constructive receipt, see § 1.451-2. For treatment of an expenditure attributable...

...are to be included for the taxable year in which actually or constructively received. Expenditures are to be deducted for the taxable year in which actually made. For rules relating to constructive receipt, see § 1.451-2. For treatment of an expenditure attributable...

...are to be included for the taxable year in which actually or constructively received. Expenditures are to be deducted for the taxable year in which actually made. For rules relating to constructive receipt, see § 1.451-2. For treatment of an expenditure attributable...

...such method as in the opinion of the Commissioner of Internal Revenue does clearly reflect income. Section 461 (a) of the Code provides that the amount of any deduction allowed by subtitle A shall be taken for the taxable year that is the proper taxable year under the...

...regulations provides, in part, that generally, under the cash receipts and disbursements method, expenditures are to be deducted for the taxable year in which actually made. Section 1.446-1 (c)(l)(ii) of the regulations provides, in part, that generally, under the accrual method of...

...provides, in part, that under the cash receipts and disbursements method of accounting expenditures are to be deducted for the taxable year in which actually made. Section 1.163-4 of the regulations provides, in part, that if an obligation with original issue discount is...

...reflect such income, although tie taxable year In which actually or constructively received. Expenditures are to be deducted for the taxable year In which actually made. • • • • •••••• (e) Keguirement respecting the adoption or change of accounting...

...280 US 445 (1930). Respondent has not questioned petitioner's status as an accrual method taxpayer. Section 461 (a) of the Code provides that: The amount of any deduction * * • allowed by this subtitle shall be taken for the taxable year which Is the proper taxable year...

...280 US 445 (1930). Respondent has not questioned petitioner's status as an accrual method taxpayer. Section 461 (a) of the Code provides that: The amount of any deduction • • • allowed by this subtitle shall be taken for the taxable year which la the proper taxable...

...are to be included for the taxable year in which actually or constructively received. Expenditures are to be deducted for the taxable year in which actually made. For rules relating to constructive receipt, see § 1.451-2. For treatment of an expenditure attributable...