 | 1920 - 36 էջ
...the basis of such redetermination shall be credited or refunded to the taxpayer. ITEMS NOT DEDUCTIBLE In computing net income no deduction shall in any case be allowed in respect of — (a) Personal, living or family expenses; (b) Any amount paid out for new buildings or for permanent... | |
 | John F. Sherwood - 1920 - 272 էջ
...reserve." Repairs on Dwellings Owned and Occupied not Deductible. (Income Tax Law. Sec. 215.) "That in computing net income no deduction shall in any case be allowed in respect of — "(a) Personal, living, or family expenses; "(b) Any amount paid out for new buildings or for permanent... | |
 | Irving National Bank, New York - 1920 - 150 էջ
...prescribed by the Commissioner with the approval of the Secretary. Items not Deductible. Sec. 215. That in computing net income no deduction shall in any case be allowed in respect of — (a) Personal, living, or family expenses; (b) Any amount paid out for new buildings or for permanent... | |
 | Real Estate Board of New York - 1920 - 112 էջ
...by the Commissioner, with the approval of the Secretary. Items Not Deductible 6 Law Sec. 215. That in computing net income no deduction shall in any case be allowed in respect of — (a) Personal, living, or family expenses; (b) Any amount paid out for new buildings or for permanent... | |
 | United States - 1920 - 1054 էջ
...Commissioner with the approval of the Secretary. [40 Stat. L. 1066.] SEC. 215. Items not deductible. That in computing net income no deduction shall in any case be allowed in. respect of — (a) Personal, living, or family expenses; (b) Any amount paid out for ne.w' buildings or for permanent... | |
 | United States. Bureau of Internal Revenue - 1920 - 346 էջ
...quantity sold, See section 214 (b) of the statute and article 271. ITEMS NOT DEDUCTIBLE. SEC. 235. That in computing net income no deduction shall in any case be allowed in respect of any of the items specified in section 215. ;overing the life of an officer or employee or of any person... | |
 | Irving National Bank, New York - 1921 - 140 էջ
...regulations prescribed by the Comptroller. Q. What items are not deductible in computing net income? A. (1) Personal, living, or family expenses. (2) Any...estate. (3) Any amount expended in restoring property or making good the exhaustion thereof for which an allowance is or has been made. (4) Premiums paid on... | |
 | United States - 1921 - 642 էջ
...etc., ex- /.\*'-r» i i« . » *M peuses. (1) Jrersonal, living, or family expenses; mmS*^ improve" (2) Any amount paid out for new buildings or for permanent improvements or betterments made to increase the value of any Restoring exhausted property or estate; property. (3) Any amount expended in restoring... | |
 | Alzada Comstock - 1921 - 258 էջ
...a part of the income of the income year and assess it accordingly. Sec. 307. Items not deductible. In computing net income no deduction shall in any case be allowed in respect of : (a) Personal, living or family expenses ; (b) Any amount paid out for new buildings or for permanent... | |
 | National City Company - 1921 - 104 էջ
...war-profits, and excessprofits tax Acts." (See 189.)" ITEMS NOT DEDUCTIBLE Section 215— (a) That in computing net income no deduction shall in any case be allowed in respect of — 107 (1) Personal, living, or family expenses; 108 (2) Any amount paid out for new buildings 109... | |
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Any amount paid out for new buildings or for permanent improvements or betterments' made to increase the value of any property or estate; 3. 
