Whenever In the opinion of the Commissioner the use of Inventories is necessary in order clearly to determine the Income of any taxpayer, Inventories shall be taken by such taxpayer upon such basis as the Commissioner, with the approval of the Secretary,... Taxation of Corporations and Personal Income in New York - Էջ 252Henry Montefiore Powell - 1919 - 400 էջԱմբողջությամբ դիտվող - Այս գրքի մասին
| Guaranty Trust Company of New York - 1919 - 664 էջ
...taxpayer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income. NET LOSSES SEC. 204.(a) That as used in this section the term... | |
| National City Company, United States - 1919 - 104 էջ
...t0 determine basis as the Commissioner, with the approval of the Secretary, may income, prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income. NET LOSSES. 32. SEC. 204. (a) That as used in this section the... | |
| New York (State) - 1919 - 520 էջ
...is conditioned that inventories shall be taken upon such bases as the Comptroller may prescribe, (a) conforming as nearly as may be to the best accounting practice in the trade or business, (b) most clearly reflecting income and (c) conforming as nearly as practicable to the forms and methods... | |
| 1920 - 188 էջ
...price or value as of January first, nineteen hundred and nineteen, if acquired before that date. § 356. Inventory. Whenever in the opinion of the comptroller...the revenue act of nineteen hundred and eighteen. § 357. Net income denned. The term "net income" means the gross income of a taxpayer less the deductions... | |
| United States - 1920 - 1054 էջ
...taxpayer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income. [40 Stat. L. 1060.] SEC. 204. Net losses, (a) That as used in... | |
| United States - 1920 - 1064 էջ
...taxpayer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as the number of months as • most clearly reflecting the income. DrfDittion!OS5es~ SEC- 204- (») That as used in this section... | |
| John F. Sherwood - 1920 - 272 էջ
...taxpayer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income." Basis of Inventory Valuations. (TD 2609, December 19, 1917.)... | |
| 1920 - 36 էջ
...taxpayer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income. NET LOSSES As used in the statute the term "net loss" means... | |
| United States - 1920 - 1052 էջ
...taxpayer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as ise duly proven to as most clearly reflecting the income. !"6~ SEC. 204. (a) That as used in this section the term '*... | |
| James Williams Baker - 1920 - 118 էջ
...taxpayer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income." 62 MERCHABDISE IHVEDTORY, JAHUABY 31, 19 Illustration No. 23,... | |
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