...is lower, and that, in determining cost, trade or other discounts, except strictly cash discounts, may be, deducted or not at the option of the taxpayer, provided a consistent course is adopted. This regulation of inventories is an administrative power conferred upon the Commissioner...

...(2) In the case of merchandise purchased since the beginning of the taxable year, the invoice price less trade or other discounts, except strictly cash...charges incurred in acquiring possession of the goods. (3) In the case of merchandise produced by the taxpayer since the beginning of the taxable year, (a)...

...(2) In the case of merchandise purchased since the beginning of the taxable year, the invoice price less trade or other discounts, except strictly cash...net invoice price should be added transportation or uther necessary charges incurred in acquiring possession of the goods. (3) In the case of merchandise...

...the invoice price less trade or other discounts, except strictly cash discounts, approximating a lair interest rate, which may be deducted or not at the...charges incurred in acquiring possession of the goods. (3) In the case of merchandise produced by the taxpayer since the beginning of the taxable year (a)...

...15S3. Inventories at cost. — Cost means: (1) In the case of merchandise purchased, the Invoice price less trade or other discounts, except strictly cash...rate, which may be deducted or not at the option of ihe taxpayer, provided a consistent course is followed. • * « ABT. 1584. Inventories at market.-...

...(2) In the case of merchandise purchased since the beginning of the taxable year, the invoice price less trade or other discounts, except strictly cash...discounts, approximating a fair interest rate, which maybe deducted or not at the option of the taxpayer, provided a consistent course is followed. To this...

...(2) In the case of merchandise purchased since the beginning of the taxable year, the invoice price less trade or other discounts, except strictly cash...charges incurred in acquiring possession of the goods. (3) In the case of merchandise produced by the taxpayer since the beginning of the taxable year, (a)...

...(2) In the case of merchandise purchased since the beginning of the taxable year, the invoice price less trade or other discounts, except strictly cash...charges incurred in acquiring possession of the goods. (3) In the case of merchandise produced by the taxpayer since the beginning of the taxable year, (a)...

...(2) In the case of merchandise purchased since the beginning of the taxable year, the invoice price less trade or other discounts, except strictly cash...charges incurred in acquiring possession of the goods. (3) In the case of merchandise produced by the taxpayer since the beginning of the taxable year, (a)...

...(2) In the case of merchandise purchased since the beginning of the taxable year, the invoice price less trade or other discounts, except strictly cash...course is followed. To this net invoice price should be 40 added transportation or other necessary charges incurred in acquiring possession of the goods. (3)...