 | United States. Supreme Court - 1953 - 874 pages
...FROM THE SALE OR EXCHANGE OF CERTAIN PROPERTY USED IN THE TRADE OR BUSINESS. — "(1) DEFINITION OF PROPERTY USED IN THE TRADE OR BUSINESS. — "For the...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 thnn 6 months,... | |
 | United States. Court of Claims, Audrey Bernhardt - 1949 - 832 pages
...more than six months. A new subsection (j) was added to Section 117, as follows: (1) DEFINITION OF PROPERTY USED IN THE TRADE OR BUSINESS. — For the...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
...trade or buttneit, — The term "property used 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 the allowance for depreciation provided In section 23 (I), held for more than в month»,... | |
 | United States - 1953 - 1744 pages
...and from the sale or exchange of certain property used in the trade or business — (1) Definition of tions organi 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, Walter Elbert Barton - 1944 - 1286 pages
...or exchange of certain property used in the trade or business. — Sec. 117. (j) (1) Definition of property used in the trade or business. — For the...used in the trade or business, of a character which is subject to the allowance for depreciation provided in section 23 (I), held for more than 6 months,... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1944 - 336 pages
...FROM THE SALE OR EXCHANGE OF CERTAIN PROPERTY USED IN THE TRADE OR BUSINESS. — (1) DEFINITION OF PROPERTY USED IN THE TRADE OR BUSINESS. — For the...used in the trade or business, of a character which is subject to the allowance for depreciation provided in section 23 (l), held for more than 6 months,... | |
 | United States. Internal Revenue Service - 1944 - 358 pages
...taxpayer primarily for sale to customers in the ordinary course of his trade or business, or property used in the trade or business of a character which is subject...allowance for depreciation provided in section 23(1), or an obligation of the United States or any of iU possessions, or of a State or Territory, or any... | |
 | United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 pages
...FROM THE SALE OR EXCHANGE OF CERTAIN PROPERTY USED IN THE TRADE OR BUSINESS. — (1) DEFINITION OF PROPERTY USED IN THE TRADE OR BUSINESS. — For the...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,... | |
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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... 
