 Adjusted Basis. The adjusted basis for determining the gain or loss from the sale or other disposition of property, whenever acquired, shall be the basis determined under subsection (a), adjusted as hereinafter provided. "(1) General Rule.  Reports of the Tax Court of the United States - Page 655by United States. Tax Court - 1955Full view - About this book
 | United States. Court of Claims, Audrey Bernhardt - 1958 - 966 pages
...under subsection (a), adjusted as hereinafter provided. 739 Opinion of the Court (7) General rule. Proper adjustment in respect of the property shall in all cases be made — (A) for expenditures, receipts, losses, or other items properly chargeable to capital account,... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...basis determined under subsection (a), adjusted as hereinafter provided. (1) GENERAL RULE.—Proper adjustment In respect of the property shall in all cases be made— (A) for expenditures, receipts, losses, or other items, properly chargeable to capital account, including... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...the basis determined under subsection (a) , adjusted as hereinafter provided. (1) GENERAL EULE. — Proper adjustment in respect of the property shall in all cases be made — (A) for expenditures, receipts, losses, or other items, properly chargeable to capital account,... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...the basis determined under subsection (a), adjusted as hereinafter provided. (1) GENERAL BTJLE. — Proper adjustment in respect of the property shall in all cases be made — (A) for expenditures, receipts, losses, or other items, properly chargeable to capital account,... | |
 | United States. Congress. Senate. Committee on Finance - 1939 - 780 pages
...reference to discovery value or a percentage of income; (C) in respect of any period prior to March 1, 1913, for exhaustion, wear and tear, obsolescence, amortization, and depletion, to the extent sustained; (D) in the case of stock (to the extent not provided for in the foregoing subparagraphs)... | |
 | United States - 1939 - 780 pages
...the basis determined under subsection (a), adjusted as hereinafter provided. (1) GENERAL RULE. — Proper adjustment in respect of the property shall in all cases be made — (A) For expenditures, receipts, losses, or other items, properly chargeable to capital account,... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 pages
...the basis determined under subsection (a), adjusted ns hereinafter provided. (1) GENERAL RULE. — Proper adjustment in respect of the property shall in all cases be made — (A) For expenditures, receipts, losses, or other items, properly chargeable to capital account,... | |
 | United States. Congress. Senate. Committee on Finance - 1938 - 768 pages
...Section 113 (b) (1) (D), the addition to the present statute being underscored : (1) General rule. — Proper adjustment in respect of the property shall in all cases be made — ******* (D) In the case of stock (to the extent not provided for in the foregoing enbparugraphs)... | |
 | United States. Board of Tax Appeals - 1939 - 1380 pages
...subsection (a), adjusted as hereinafter provided. (1) GENERAL BULB. — Proper adjustment In respect of tbe property shall In all cases be made — «••••••...obsolescence, amortization, and depletion, to the extent allowed (but not leas than the amount allowable) under this Act or prior Income tax laws. • * •... | |
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