 | United States. Court of Claims - 1943 - 908 էջ
...income shall be computed upon the basis of the taxpayer's annual accounting period * * * in accordance with the method of accounting regularly employed in...the Commissioner does clearly reflect the income. * * * Deductions and credits are provided for in Section 43, Revenue Act of 1936, supra, (page 1666),... | |
 | United States. Tax Court - 1944 - 1334 էջ
...computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, ns the case may be) in accordance with the method of accounting...the Commissioner does clearly reflect the income. • • • SEC. 42. PERIOD IN WHICH ITEMS OF GROSS INCOME INCLUDED. The amount of all Items of gross... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 510 էջ
...accordance with the method of accounting regularly employed in keeping the books of such taxpayer; but if * * * the method employed does not clearly reflect...the Commissioner does clearly reflect the income." Since a variation between the indicated $80,000 average and the correct $114,750 average, or, stated... | |
 | United States. Tax Court - 1948 - 1248 էջ
...accordance with the method of accounting regularly employed in keeping the books of such taxpayer ; hut if no such method of accounting has been so employed,...the Commissioner does clearly reflect the income. * • • That a taxpayer may be required to account one way for one government agency and another... | |
 | United States. Tax Court - 1948 - 1262 էջ
...does not clearly reflect the Income, the computation shall be made In accordance with such method aa in the opinion of the Commissioner does clearly reflect...fiscal year as defined In section 48 or If the taxpayer baa no annual accounting period or does not keep books, the net Income shall be computed on the basis... | |
 | United States. Congress. Senate. Committee on the District of Columbia - 1947 - 1798 էջ
...regularly employed in keeping the books of such taxpayer; but if no such method of accounting has Ix't-ii so employed, or if the method employed does not clearly...accordance with such method as in the opinion of the Assessor does clearly reflect the income. If the taxpayer's annual accounting period is other than... | |
 | United States. Tax Court - 1950 - 1534 էջ
...taxpayer's annual accounting period (fiscal year or calendar year, as the case may he) in accordance with the method of accounting regularly employed In...fiscal year as defined in section 48 or If the taxpayer hag no annual accounting period or does not keep books, the net Income shall be computed "ii the basis... | |
 | United States. Congress. House. Committee on Ways and Means - 1950 - 982 էջ
...accordance with the method of accounting regularly employed in keeping the books of such taxpayer; * * * or if the method employed does not clearly reflect...the Commissioner does clearly reflect the income." It is very important to understand the deceptiveness of the Treasury regulation referred to by the... | |
 | United States. Congress. House. Committee on Ways and Means - 1950 - 982 էջ
...accordance with the method of accounting regularly employed in keeping the books of such taxpayer; * * * or if the method employed does not clearly reflect...the Commissioner does clearly reflect the income." It is very important to understand the deceptiveness of the Treasury regulation referred to by the... | |
 | United States. Tax Court - 1954 - 1170 էջ
...KO employed, or If the method employed does not clearly reflect the Income, the computation shall he made In accordance with such method as In the opinion...annual accounting period Is other than a fiscal year as denned In section 48 or If the taxpayer has no annual accounting period or does not keep books, the... | |
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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 ; but if... 
