 | United States. Supreme Court - Courts - 1940 - 894 pages
...Commissioner, ante, p. 39. "48Stat. 680, 691. "Sec. 24. Items not Deductible, "(a) General Rule.—In computing net income no deduction shall in any case be allowed in respect of— • . . • . "(6) Loss from sales or exchanges of property, directly or indirectly, (A) between members... | |
 | Henry Montefiore Powell - Corporations - 1919 - 708 pages
...determined under rules and regulations to be prescribed by the comptroller. § 361. Items not deductible. In computing net income no deduction shall in any...respect of : 1. Personal, living, or family expenses; 2. Any amount paid out for new buildings or for permanent improvements or betterments made to increase... | |
 | New York (N.Y.). Tax Commission - Taxation - 1919 - 106 pages
...determined under rules and regulaions to be prescribed by the comptroller. § 361. Items not deductible. In computing net income no deduction shall in any...respect of : 1. Personal, living, or family expenses; 2. Any amount paid out for new buildings or for permanent improvements or betterments made to increase... | |
 | George Edwin Holmes - Excess profits tax - 1919 - 1052 pages
...prescribed by the Commissioner with the approval of the Secretary. 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. CREDITS ALLOWED Sec. 236. That for the purpose only of the... | |
 | Guaranty Trust Company of New York - Canada - 1919 - 664 pages
...prescribed by the Commissioner with the approval of the Secretary. 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. CREDITS ALLOWED (a) The amount received as interest upon... | |
 | National City Company, United States - Internal revenue law - 1919 - 104 pages
...loss is sustained. Deductions allowed foreign corporations. ITEMS NOT DEDUCTIBLE. 164. 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 (par. 75-79). Deductions not allowed. CREDITS ALLOWED. 166.... | |
 | Alabama - Law - 1919 - 1476 pages
...insurance premiums to the extent of two hundred dollars annually. Section 325. 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... | |
 | Income tax - 1920 - 188 pages
...determined under rules and regulations to be prescribed by the comptroller. § 361. Items not deductible. In computing net income no deduction shall in any...respect of: 1. Personal, living, or family expenses; 2. Any amount paid out for new buildings or for permanent improvements or betterments made to increase... | |
 | Harris, Forbes & Co., New York - 1920 - 110 pages
...determined under rules and regulations to be prescribed by the comptroller. Items Not Deductible. § 361. In computing net income no deduction shall in any...respect of: 1. Personal, living, or family expenses; 2. Any amount paid out for new buildings or for permanent improvements or betterments' made to increase... | |
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GENERAL RULE. — In computing net income no deduction shall in any case be allowed in respect of — (1) Personal, living, or family expenses... 
