 | United States. Supreme Court - 1953 - 874 pages
...USED IN THE TRADE OR BUSINESS. — "(1) DEFINITION OF PROPERTY USED IN THE TRADE OR BUSINESS. — "For the purposes of this subsection, the term 'property...used in the trade or business, of a character which is subject to the allowance for depreciation provided in section 23 (1), held for more than 6 months,... | |
 | United States. Court of Claims, Audrey Bernhardt - 1949 - 832 pages
...added to Section 117, as follows: (1) DEFINITION OF PROPERTY USED IN THE TRADE OR BUSINESS. — For the purposes of this subsection, the term 'property...used in the trade or business, of a character which is subject to the allowance for depreciation provided in section 23 (1), held for more than 6 months,... | |
 | United States. Court of Claims, Audrey Bernhardt - 1954 - 1160 pages
...gross income shall be com4 (1) DEFINITION OF PSOPEBTY OSED IK THC TRADE OB BUHINEH8. For the PUfjirmea of this subsection, the term "property used In the trade or business" menus property used In the trs.de or business, of • character which Is subject to the allowance for... | |
 | 1951 - 984 pages
...primarily for sale to customers in the ordinary course of his trad« or business; (c) property used in the trade or business of a character which is subject...allowance for depreciation provided in section 23(1) ; (d) real property lued in the trade or business of the taxpayer: (e) an obligation of the US or any... | |
 | United States. Internal Revenue Service - 1951 - 530 pages
...business, of a character which is subject to the allowance for depreciation provided in section 23 (1), held for more than 6 months, and real property used in the trade or business, held for more than G months, which is not (a) property of a kind which would properly be ineludible in the inventory of... | |
 | 1953 - 1028 pages
...trade or bitii*яме.— The term "property usod In the trade or business" as used In section 117 (J) means property used In the trade or business, of a character which Is subject to tbe allowance for depreciation provided in section 23 (IX, held for more than в months,... | |
 | United States - 1953 - 1744 pages
...property used in the trade or business — (1) Definition of property used in the trade or business. For this subsection but has the effect of the distribution...taxed as a dividend to each distributee such an amo is subject to the allowance for depreciation provided in section 23 (I), held for more than 6 months,... | |
 | United States - 1965 - 1110 pages
...shares of all classes of stock of the corporation. (9) Property used in the trade or business. For purposes of this subsection the term "property used in the trade or business" means property described in section 1231 (b), without regard to any holding period therein provided. (10) Ownership... | |
 | United States. Tax Court - 1967 - 786 pages
...character which Is subject to the allowance for depredation provided In section 167, held for more than 0 months, and real property used In the trade or business, held for more than 6 months, which Is not — (A) property of a kind which wonld properly be Inclndlble in the Inventory of the taxpayer If on... | |
 | United States. Congress. House. Committee on Ways and Means - 1943 - 1636 pages
...meaning property of a character which is subject to the allowance for depreciation and which has been held for more than 6 months, and real property used...business held for more than 6 months, which is not includible in the inventory of the taxpayer and is not intended primarily for sale to customers in... | |
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Property Used in the Trade or Business. — (1) Definition of property used in the trade or business. — For the purposes of this subsection, the term "property used in the trade or business... 
