 | 1927 - 1070 pages
...§ 6336%f) and section 212 of the Revenue Act of 1921 (Comp. St. § 6336ysf), providing as follows : "The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly... | |
 | 1919 - 246 pages
...legislation with respect to bookkeeping, I want to read a section of the new revenue law defining net income: "The net income shall be computed upon the basis of...regularly employed in keeping the books of such taxpayer. Where no such method of accounting has been so employed, or if the method employed does not clearly... | |
 | Robert Hiester Montgomery - 1920 - 1304 pages
...basis of accounting period other than calendar year. — LAW. Section 212. f Individuals] .... (b) The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly... | |
 | Guaranty Trust Company of New York - 1919 - 664 pages
...income" means the gross income as defined in section 213, less the deductions allowed by section 214. (b) The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly... | |
 | George Edwin Holmes - 1919 - 1048 pages
...income" means the gross income as defined in section 213, less the deductions allowed by section 214. (b) The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the ease may be) in accordance with the method of accounting regularly... | |
 | Henry Montefiore Powell - 1919 - 708 pages
...income of a taxpayer less the deductions allowed by this article. § 358. Computation of net income. 1. The net 'income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year as the case may be) in accordance with the method of accounting regularly... | |
 | National City Company, United States - 1919 - 104 pages
...defined in Section 213 (par. 48-60) less the deductions allowed by Section 214 (par. 61-74)46. (b) The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly... | |
 | New York (N.Y.). Tax Commission - 1919 - 106 pages
...income of a taxpayer less the deductions allowed by this article. §358. Computation of net income. 1. The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year as the case may be) in accordance with the method of accounting regularly... | |
 | Alabama - 1919 - 1476 pages
...payer's annual accounting period, (fiscal year or calendar year, as the case may be), in accordance with the method of accounting regularly employed in keeping the books of such tax payer, but if no such method of accounting has been so employed, or if the method employed does... | |
 | Prentice-Hall Inc, Prentice-Hall, inc - 1919 - 640 pages
...commercial "net income." This appears from the fact that ordinarily it is to be computed in accordance with the method of accounting regularly employed in keeping the books of the taxpayer. As to the net income of corporations see section 232 and article 531. fl 522. Art. 22.... | |
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The net income shall be computed upon the basis of the taxpayer's annual accounting period ( fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer... 
