 | New York (State) - 1953 - 1520 pages
...of the laws of nineteen hundred twenty-seven, is hereby amended to read as follows: (4) If property (as a result of its destruction in whole or in part,...condemnation, or the threat or imminence thereof) is compulsorily or involuntarily converted into property similar or related in service or use to the... | |
 | United States. Internal Revenue Service - 1961 - 1668 pages
...(as defined in section 1231 (b) ), and (ill) The compulsory or involuntary conversion (as a result of destruction, in whole or in part, theft or seizure,...or condemnation or the threat or imminence thereof) of property used in the trade or business (as so defined). (B) Any item, to the extent attributable... | |
 | United States. Congress. House. Committee on Ways and Means - 1953 - 1536 pages
...property used in the trade of business and from the compulsory or involuntary conversion (as a result of destruction in whole or in part, theft or seizure,...power of requisition or condemnation, or the threat or immlnence thereof) of property used In the trade or business shall be considered as gains and losses... | |
 | United States. Internal Revenue Service - 1954 - 726 pages
...112 (f) of the Internal Revenue Code Is as follows: "(f) INVOI.UNTART CONVERSIONS. — If property (as a result of Its destruction in -whole or in part,...or condemnation, or the threat or Imminence thereof I is compulsorlly or Involuntarily converted Into property similar or related In service or use to... | |
 | United States. Congress. Senate. Committee on Finance - 1954 - 524 pages
...or business, plus the recognized gains from the compulsory or involuntary conversion (as a result of destruction in whole or in part, theft or seizure,...or condemnation or the threat or imminence thereof) of property used in the trade or business and capital assets held for more than six months into other... | |
 | United States. Tax Court - 1954 - 1158 pages
...112. RECOGNITION OF GAIN OR LOSS. (f) INVOLDNTAHI CONVERSIONS. — If property (as a result of lt« destruction In whole or in part, theft or seizure,...power of requisition or condemnation, or the threat of imminence thereof) Is compulsorlly or Involuntarily converted into property similar or related In... | |
 | United States. Congress. Senate. Committee on Finance - 1955 - 84 pages
...defined in section 1231 (b)), and " (iii) the compulsory or involuntary conversion (as a result of destruction, in whole or in part, theft or seizure,...or condemnation or the threat or imminence thereof) of property used in the trade or business (as so defined). "(B) Any item, to the extent attributable... | |
 | United States. Internal Revenue Service - 1956 - 1348 pages
...(as defined in section 1231(b) ), and (iii) the compulsory or involuntary conversion (as a result of destruction, in whole or in part, theft or seizure,...requisition or condemnation or the threat or imminence thereaf ) of property used in the trade or business (as so defined). (B) Any item, to the extent attributable... | |
 | United States. Court of Claims, Audrey Bernhardt - 1960 - 1044 pages
...indebtedness of $90,000 and plaintiff paid $21,415.80 in cash 1 (f ) Involuntary convenient. If property (as a result of its destruction In whole or In part,...condemnation, or the threat or imminence thereof) is compulsorlly or involuntarily converted Into property similar or related in service or use to the... | |
 | Congress. Internal Revenue Taxation Joint Committee - 1961 - 250 pages
...or business, plus the recognized gains from the compulsory or involuntary conversion (as a result of destruction in whole or in part, theft or seizure,...or condemnation or the threat or Imminence thereof) of property used in the trade or business and capital assets held for more than 6 months Into other... | |
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If property (as a result of its destruction in whole or in part, theft or seizure, or an exercise of the power of requisition or condemnation, or the threat or imminence thereof... 
