 ... in accordance with the method of accounting 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...  Cumulative Bulletin ... Income Tax Rulings - Page 70by United States. Bureau of Internal Revenue - 1921Full view - About this book
 | United States. Court of Claims - 1927 - 902 pages
...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...accounting period or does not keep books, the net income shall be computed on the basis of the calendar year. ***** "SEC. 234. (a) That in computing the net... | |
 | United States. Court of Claims, Audrey Bernhardt - 1952 - 936 pages
...employed does not clearly reflect the income, the computation shall be made in accordance with such method as in the opinion of the Commissioner does clearly...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 net income shall... | |
 | United States. Court of Claims - 1929 - 762 pages
...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 * * *." It seems clear that the company's method of bookkeeping was calculated clearly to reflect its... | |
 | United States. Court of Claims, Audrey Bernhardt - 1962 - 964 pages
...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 allocation of the memberihlp duet in monthly amount! 625946 — 62 -24 149 C. Cls.... | |
 | 1927 - 1070 pages
...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." Section 64 (a) of the Bankruptcy Act (Comp. St. § 9648), making taxes preferred claims, provides that... | |
 | 1919 - 246 pages
...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." Recently, in Washington, I interviewed one of the officials of the Treasury Department, and sought... | |
 | Robert Hiester Montgomery - 1920 - 1304 pages
...the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be)19 . . . . R n FA N Ԙ@S < X4J9 @ ctX 麎 P3 H R҅ $ ...Ҋ c(Ȗ A L: Xj 測 [)?' + E & T. "Zg A bN4ő_J shall be computed on the basis of the calendar year. If a taxpayer changes his accounting period from... | |
 | Guaranty Trust Company of New York - 1919 - 664 pages
...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...accounting period or does not keep books, the net income shall be computed on the basis of the calendar year. If a taxpayer changes his accounting period from... | |
 | National City Company, United States - 1919 - 104 pages
...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...other than a fiscal year as defined in Section 200 (par. 16) or if the taxpayer has no annual accounting period or does not keep books, the net income... | |
 | Harris, Forbes & co., New York - 1919 - 164 pages
...computation shall be made upon such has and in such manner as in the opinion of the Commissioner does clear! reflect the income. If the taxpayer's annual accounting...year as defined in section 200 or if the taxpayer has annual accounting period or does not keep books, the net income shaflj be computed on the basis of... | |
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