 | United States. Court of Claims, Audrey Bernhardt - 1951 - 840 pages
...short-term capital gains ; (8) Deductions otherwise allowed by law not attributable to the operation of u trade or business regularly carried on by the taxpayer...gross Income shall be computed with the exceptions and limitations specified In paragraphs (1) to (4) of this subsection. (e) JVo carrv-over from year... | |
 | United States. Court of Claims, Audrey Bernhardt - 1954 - 1160 pages
...and (c) shall be as follows: * * * (5) Deductions otherwise allowed by law not attributable to the operation of a trade or business regularly carried..... paragraph deductions and gross income shall be com4 (1) DEFINITION OF PSOPEBTY OSED IK THC TRADE OB BUHINEH8. For the PUfjirmea of this subsection,... | |
 | United States. Court of Claims, Audrey Bernhardt - 1958 - 1004 pages
...(b),and (c) shall be as follows : ***** (5) Deductions otherwise allowed by law not attributable to the operation of a trade or business regularly carried...gross income not derived from such trade or business. * * * Plaintiff is not entitled to the deduction of this bad debt if it was "not attributable to the... | |
 | United States. Court of Claims - 1937 - 786 pages
...limitations: (1) NONBUSINESS DEDUCTIONS. — Deductions otherwise allowed by law not attributable to the operation of a trade or business regularly carried on by the taxpayer shall be allowed only to the extent of the amount of the gross income not derived from such trade or business;... | |
 | Tennessee Bar Association - 1927 - 536 pages
...as deductions from gross income, regardless of whether or not such losses were attributable to the operation of a trade or business regularly carried on by the taxpayer. (2) In the case of a taxpayer other than a corporation, deductions for capital losses otherwise allowed... | |
 | Wisconsin - 1935 - 1310 pages
...the purposes of this section, net business income shall consist of all the income attributable to the operation of a trade or business regularly carried on by the taxpayer, less the deduction of business expenses allowed in sections 71.03 and 71.04. (2) The amendment of the... | |
 | National City Company - 1921 - 104 pages
...loss may be claimed is January 1, 1921. It is confined to losses sustained in or resulting from the operation of a trade or business regularly carried on by the taxpayer. In such a case, losses sustained from the sale of capital assets, as real estate, machinery, etc.,... | |
 | 1925 - 474 pages
...to be deductible from income in computing the amount of income tax, the 'loss must result from the operation of a trade or business regularly carried on by the taxpayer. A loss resulting from an isolated business transaction cannot 'be. deducted. In this case it appeared... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...not attributable to the operation of a trade or business regularly earned on by the taxpayer shall be allowed only to the extent of the amount of the gross income uot derived from such trade or business ; (2) In the case of a taxpayer other than a corporation, deductions... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...following exceptions and limitations: (1) Deductions otherwise allowed by law not attributable to the operation of a trade or business regularly carried on by the taxpayer shall be allowed only to the extent of the amount of the gross income not derived from such trade or business;... | |
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Deductions otherwise allowed by law not attributable to the operation of a trade or business regularly carried on by the taxpayer... 
