 The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer; but if...  Comparison of the Revenue Acts of 1934 and 1936 - Page 37by United States, United States. Congress. House. Committee on Ways and Means - 1936 - 290 pagesFull view - About this book
 | United States. Court of Claims, Audrey Bernhardt - 1952 - 936 pages
...regularly employed In keeping the books of such taxpayer ; but if no such method of accounting has been so employed or if the method employed does not clearly...annual accounting period is other than a fiscal year as defined In Section 48 or if the taxpayer has no annual accounting period or does not keep books, the... | |
 | United States. Court of Claims, Audrey Bernhardt - 1955 - 908 pages
...such method of accounting has been so employed, or if the method employed does not clearly reflect income, the computation shall be made in accordance...the Commissioner does clearly reflect the income. * * * Plaintiff contends that this section means that the Commissioner can use this method only where... | |
 | United States. Court of Claims, Audrey Bernhardt - 1962 - 964 pages
...... in accordance wIth the method of accounting regularly employed in keeping the books . . . but ... if the method employed does not clearly reflect the...income, the computation shall be made in accordance with inch method as in the opinion of the Commissioner does clearly reflect the income . . .' The pro rata... | |
 | United States. Court of Claims - 1927 - 902 pages
...regularly employed in keeping the books of such taxpayer ; out if no such method of accounting has been so employed, or if the method employed does not clearly...reflect the income, the computation shall be made upon such basis and in such manner as in the opinion of the commissioner does clearly reflect the income.... | |
 | 1927 - 1070 pages
...regularly employed in keeping the books of such taxpayer; but if no such method of accounting lias been go employed, or if the method employed does not clearly...reflect the income, the computation shall be made upon such basis and in such manner as in the opinion of the Commissioner does clearly reflect the income."... | |
 | 1919 - 246 pages
...regularly employed in keeping the books of such taxpayer. Where no such method of accounting has been so employed, or if the method employed does not clearly...reflect the income, the computation shall be made on such basis and in such manner as in the opinion of the Commissioner does clearly reflect the income."... | |
 | National City Company, United States - 1919 - 104 pages
...regularly employed in keeping the books of such taxpayer ; but if no such method of accounting has been so employed, or If the method employed does not clearly...reflect the income, the computation shall be made upon such basis and in such manner as in the opinion of the Commissioner does clearly reflect the income.... | |
 | George Edwin Holmes - 1919 - 1048 pages
...regularly employed in keeping the books of such taxpayer; but if no such method of accounting has been so employed, or if the method employed does not clearly...reflect the income, the computation shall be made upon such basis and in such manner as in the opinion of the Commissioner does clearly reflect the income.... | |
 | 1919 - 982 pages
...regularly employed in keeping the books of such taxpayer; but if no such method of accounting has been so employed, or if the method employed does not clearly...reflect the income, the computation shall be made upon such basis and in such manner as in the opinion of the Commissioner does clearly reflect the income."... | |
 | Henry Montefiore Powell - 1919 - 708 pages
...regularly employed in keeping the books of such taxpayer ; but if no such method of accounting has been so employed, or if the method employed does not clearly...reflect the income, the computation shall be made upon such basis and in such manner as in the opinion of the comptroller does clearly reflect the income.... | |
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