 | United States. Board of Tax Appeals - 1928 - 1582 էջ
...Income" means the gross Income as defined In section 213, less the deductions allowed by section 214. (b) The net Income shall be computed upon the basis of...accounting regularly employed In keeping the books of snch taxpayer ; but if no such method of accounting has been so employed, or If the method employed... | |
 | United States - 1928 - 268 էջ
...payable under section 211 if his earned net income constituted his entire net income. SEC. 212. (b) The net income shall be computed upon the basis of...period (fiscal year or calendar year, as the case may accordance with the method of accounting regularly employed in keeping the books of such taxpayer;... | |
 | United States - 1928 - 1164 էջ
...received during the calendar year 1921). Such return shall be made and the net income shall be computed on the basis of the taxpayer's annual accounting period...(fiscal year or calendar year, as the case may be) in the manner provided for other corporations under the Revenue Acts of 1918 and 1921. (c) If either subdivision... | |
 | 1928 - 1142 էջ
...items to be deducted. It further provided that net income "shall be computed • • * in accordance with the method of accounting regularly employed in keeping the books of such taxpayer." But the Act further provided (section 1305 [26 USCA § 1254; Сотр. St. § 6371 %c] ) that every person... | |
 | 1928 - 1062 էջ
...items to be deducted. It further provided that net income "shall be computed • • • in accordance with the method of accounting regularly employed in keeping the books of such taxpayer." But the Act further provided (section 1305 [26 USCA § 1254; Сотр. St § 6371 Vác] ) that every person... | |
 | New York (State). Attorney General's Office - 1924 - 416 էջ
...respect to the entire net income of a taxpayer, computed upon the basis of his income derived during the annual accounting period (fiscal year or calendar year as the case may be). Hence, the liability of a taxpayer to the State for income tax actually accrues at the end of the accounting... | |
 | United States. Board of Tax Appeals - 1929 - 1562 էջ
...income" means the gross income as defined in section 213, less the deductions allowed by section 214. (b) The net Income shall be computed upon the basis of...taxpayer; but if no such method of accounting has bceu so employed, or if the method employed does not clearly reflect the income, the computation shall... | |
 | United States. Board of Tax Appeals - 1929 - 1604 էջ
...pursuant to sections 212 (b) and 213 (a) of the Revenue Act of 1918 which provided in part: SEC. 212. (b) The net income shall be computed upon the basis of...may be) in accordance with the method of accounting regularly employed iii keeping the books of such taxpayer ; but if no such method of accounting has... | |
 | Robert Hiester Montgomery - 1923 - 1760 էջ
...reporting their income on the basis of a fiscal instead of the calendar year. LAW. Section 212 (b) The net income shall be computed upon the basis of...(fiscal year or calendar year, as the case may be) 24 .... If the taxpayer's annual accounting period is other than a fiscal year as defined in section... | |
 | Robert Hiester Montgomery - 1925 - 1928 էջ
...reporting their income on the basis of a fiscal, instead of the calendar year. LAW. Section 212 (b) The net income shall be computed upon the basis of...period (fiscal year or calendar year, as the case may be)28 .... If the taxpayer's annual accounting period is other than a fiscal year as defined in section... | |
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The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer... 
