 | United States. Internal Revenue Service - 1936 - 604 էջ
...capital assets shall be allowed only to the extent provided in section 117 (d). (k) Bad debts. — Debts ascertained to be worthless and charged off...only in part, the Commissioner may allow such debt, in an amount not in excess of the part charged off within the taxable year, as a deduction. ART. 23(k)-l.... | |
 | United States - 1939 - 780 էջ
...acquired substantially identical property, see section 118. (k) BAD DEBTS. — (1) GENERAL, RULE. — Debts ascertained to be worthless and charged off...only in part, the Commissioner may allow such debt, in an amount not in excess of the part charged off within the taxable year, as a deduction. This paragraph... | |
 | 1924 - 1040 էջ
...section 204 for determining the gain or loss Irom the salo or o.uer disposition ol pro icrty : (5) sut'h debt to be charged uK in part; (0) The amount received as dividends (A) from a domestic corporation... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 էջ
...capital assets shall be allowed only to the extent provided in section 117 (d). (k) BAD DEBTS. — Debts ascertained to be worthless and charged off...only in part, the Commissioner may allow such debt, in an amount not in excess of the part charged on within the taxable year, as a deduction. (1) DEPRECIATION.... | |
 | 1941 - 1688 էջ
...taxpayer has acquired substantially Identical property, see section 118. (k) Bad debts: (1) General rule. Debts ascertained to be worthless and charged off...only In part, the Commissioner may allow such debt, In an amount not in excess of the part charged off within the taxable year, as a deduction. This paragraph... | |
 | 1939 - 1030 էջ
...exchanges of capital assets shall be allowed only to the extent provided in section 117 (d). (k) Bad debts. Debts ascertained to be worthless and charged off...only in part, the Commissioner may allow such debt, in an amount not in excess of the part charged off within the taxable year, as a deduction. 3.23 (k)-l... | |
 | 1940 - 1806 էջ
...acquired substantially Identical property, see section 118. (k) Bad debts. — (1) General rule. — l not exceed 50 per centum of the net Income of the...taxpayer making his first return under this title In an amount not In excess of the part charged off within the taxable year, as a deduction. This paragraph... | |
 | 1939 - 1522 էջ
...(relating to deductions for bad debts) Is amended to read as follows: "Debts which become worthless eterminable if funds arising from forfeitures on termination...instead of being used to reduce the amount of contrib in an amount not In excess of the part charged off within the taxable year, as a deduction." (b) Years... | |
 | 1939 - 174 էջ
...dividends from a domestic corporation which is subject to taxation under this title. "(7) BAD DEBTS. — Debts ascertained to be worthless and charged off...within the taxable year or, in the discretion of the assessor, a reasonable addition to a reserve for bad debts; and when satisfied that a debt is recoverable... | |
 | United States. Board of Tax Appeals - 1941 - 1630 էջ
...provides: In computing net Income there shall be allowed as deductions : *»***•• (k) BAD DEBTS.— Debts ascertained to be worthless and charged off...only in part, the Commissioner may allow such debt, in an amount not ID excess of the part charged off within the taxable year, as a deduction. The $13,225... | |
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Debts ascertained to be worthless and charged off within the taxable year (or, in the discretion of the Commissioner, a reasonable addition to a reserve for bad debts) ; and when satisfied that a debt is recoverable only in part, the Commissioner may... 
