 paid or incurred" and "paid or accrued" shall be construed according to the method of accounting upon the basis of which the net income is computed under section 212 or 232. The deductions and credits provided for in this title shall be taken for the...  Reports of the Tax Court of the United States - Էջ 539United States. Tax Court - 1959Ամբողջությամբ դիտվող - Այս գրքի մասին
 | United States. Court of Claims - 1936 - 940 էջ
...recovery of the amount of this overpayment. Plaintiff relies upon the statutory provision that "the deductions and credits * * * shall be taken for the...upon the basis of which the net income is computed * * *." If what has been said in respect to the year 1930 presented a complete picture of the case,... | |
 | United States. Court of Claims, Audrey Bernhardt - 1953 - 968 էջ
...to Section 43 of the Code which says : The deductions and credits * * * provided for in this chapter shall be taken for the taxable year in which "paid...upon the basis of which the net income is computed * * *. Then it points to Section 23 which says : Deductions from Gross Income In computing net income... | |
 | United States. Court of Claims, Audrey Bernhardt - 1952 - 936 էջ
...by 56 Stat. 830, 26 USC § 43, provides that the deductions and credits provided for in this chapter shall be taken for the taxable year in which paid or accrued or paid or incurred, depending upon the accounting method used by the taxpayer to compute net income.8 The Government contends... | |
 | United States. Court of Claims - 1930 - 854 էջ
...incurred,' and the terms ' paid or incurred ' and * paid or accrued ' shall be construed according to the method of accounting upon the basis of which the net income is computed under section 212." " SECTION 212. (b) The net income shall be computed upon the basis of the taxpayer's... | |
 | United States. Court of Claims, Audrey Bernhardt - 1955 - 908 էջ
...employed in keeping the books" of the taxpayer. Section 43 provides that deductions and credits may be taken "for the taxable year in which 'paid or accrued' or •Section 122 (b) (1) I! entitled "Net operating loss carry-back" and read§ as follows : "If for... | |
 | Robert Hiester Montgomery - 1920 - 1304 էջ
...or incurred," and the terms "paid or incurred" and "paid or accrued" shall be construed according to the method of accounting upon the basis of which the net income is computed under section 212. If the taxpayer keeps no regular books of account, and if he does keep books, but... | |
 | George Edwin Holmes - 1919 - 1048 էջ
...or incurred," and the terms "paid or incurred" and "paid or accrued" shall be construed according to the method of accounting upon the basis of which the net income is computed under section 212. DIVIDENDS Sec. 201. (a) That the term "dividend" when used in this title (except... | |
 | New York (N.Y.). Tax Commission - 1919 - 106 էջ
...or incurred," and the terms "paid or incurred" and "paid or accrued" shall be construed according to the method of accounting upon the basis of which the net income is computed, under this article. The term "received" for the purpose of the computation of net income under this... | |
 | Guaranty Trust Company of New York - 1919 - 664 էջ
...or incurred," and the terms "paid or incurred" and "paid or accrued" shall be construed according to the method of accounting upon the basis of which the net income is computed under section 212. DIVIDENDS SEC. 201.(a) That the term "dividend" when used in this title (except... | |
 | Prentice-Hall Inc, Prentice-Hall, inc - 1919 - 640 էջ
...year on policy and annuity contracts. "Paid" includes "accrued" or "incurred" (construed according to the method of accounting upon the basis of which the net income is computed) during the taxable year, but does not include any estimate for losses incurred but not reported during... | |
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