 ... (2) NON-TRADE OR NON-BUSINESS EXPENSES. — In the case of an individual, all the ordinary and necessary expenses paid or incurred during the taxable year for the production or collection of income, or for the management, conservation, or maintenance...  Reports of the Tax Court of the United States - Page 311by United States. Tax Court - 1944Full view - About this book
 | United States. Court of Claims - 1948 - 886 pages
...1942 (56 Stat. 798, 819), which provides for the allowance as deductions of non-trade or non-business expenses paid or incurred for the production or collection...of income, or for the management, conservation, or maintenance of property held for the production of income. Defendant says plaintiff is precluded from... | |
 | United States. Court of Claims, Audrey Bernhardt - 1950 - 940 pages
...writ of certiorari denied. 428 Reporter's Statement of the Case "non-trade or non-business expenses" Incurred "for the production or collection of income, or for the management, conservation, or maintenance of property held for the production of income", and plaintiff is not entitled to recover.... | |
 | United States. Court of Claims, Audrey Bernhardt - 1955 - 936 pages
...of an individual, all the ordinary and necessary expenses paid or incurred during the taxable year for the production or collection of income, or for the management, conservation, or maintenance of property held for the production of income. The defendant replies that the legal fees... | |
 | 1951 - 984 pages
...excise and stamp taxes are deductible only if paid or incurred in carrying on a trade or business, or In the production or collection of income, or for the management, conservation, or maintenance at property held for the production of income. Do not include taxe« assessed against local... | |
 | 1939 - 1522 pages
...incurred during the taxable year in carrying on any trade or business, or, in the case of an individual, eted;" liquidating corporation or by the shareholder. (E) Noncorporate shareholder maintenance of property held for the production of income. (See §29.23 (a)-l.) [TD 5371, May 11, 1944,... | |
 | United States - 1953 - 1744 pages
...of an individual, all the ordinary and necessary expenses paid or incurred during the taxable year for the production or collection of income, or for the management, conservation, or maintenance of property held for the production of income. (b) Interest. All interest paid or accrued... | |
 | United States - 1983 - 968 pages
...Deductions (A) In general For purposes of paragraph (1), there shall be allowed as a deduction all the ordinary and necessary expenses paid or incurred for the production or collection of gross investment income or for the management, conservation, or maintenance of property held for the... | |
 | United States U.S. Congress. Senate. Committee on finance - 1942 - 1090 pages
...of an individual, all the ordinary and necessary expenses paid or incurred during the taxable year for the production or collection of income or for the management, conservation, or maintenance of property held for the production of income. This amendment, if enacted into law. will... | |
 | United States. Congress. Senate. Committee on Finance - 1942 - 1328 pages
...case of an individual all the ordinary and necessary expenses paid or incurred during a taxable year for the production or collection of income, or for the management, conservation, or maintenance of property held for the production of income, are deductible in ascertaining the net income.... | |
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