...accounting, an expense is deductible for the taxable year in which all the events have occurred which determine the fact of the liability and the amount...thereof can be determined with reasonable accuracy. However, any expenditure which results in the creation of an asset having a useful life which extends...

...accounting, an expense is deductible for the taxable year in which all the events have occurred which determine the fact of the liability and the amount...thereof can be determined with reasonable accuracy. However, any expenditure which results in the creation of an asset having a useful life which extends...

...allowable deductions shall, as a general rule, be taken into account for the taxable year in which paid. Under an accrual method of accounting, an expense...thereof can be determined with reasonable accuracy. No accrual shall be made in any case in which all of the events have not occurred that fix the liability....

...using the accrual method of accounting for the taxable year in which all the events have occurred which determine the fact of the liability and the amount...thereof can be determined with reasonable accuracy. In the instant case the taxpayer and others agreed with the supplier to a diminution in the rates charged...

...accounting, an expense is deductible for the taxable year in which all the events have occurred which determine the fact of the liability and the amount...thereof can be determined with reasonable accuracy. However, any expenditure which results in the creation of an asset having a useful life which extends...

...using the accrual method of accounting for the taxable year in which all the events have occurred which In the instant case the taxpayer and others agreed with the supplier to a diminution in the rates charged...

...computes its income under an accrual method of accounting and on the fiscal year ending August 31. Section 1.461-l(a)(2) of the Income Tax Regulations...thereof can be determined with reasonable accuracy. Rev. Rul. 68-170, 1968-1 CB 71, holds that when a 'bondholder converted his bonds into stock prior...

...income and the amount thereof can be determined with reasonable accuracy. Section 1.461-1 (a) (2) of the regulations provides that under an accrual method...thereof can be determined with reasonable accuracy. Section 1.461-1 (a) (3) (ii) of the regulations provides that when there is a dispute and the entire...

...the Code provides the general rules for the taxable year of deduction. Section 1.461-1 (a) (2) of the regulations provides that, under an accrual method...thereof can be determined with reasonable accuracy. Although Regulation Q was amended on July 5, 1973, to remove the requirement that the depositor demonstrate...

...used in computing taxable income. Section 1.4611 ( a ) ( 2 ) of the regulations provides, in part, that under an accrual method of accounting, an expense...thereof can be determined with reasonable accuracy. Section 461(d)(l) of the Code provides, in general, that in the case of a taxpayer whose taxable income...