 | United States. Congress. House Ways and Means - 1959 - 766 pages
...deductions. These are contained in section 451(a), which provides — The amount of any item of gross income shall be included In the gross income for the taxable...year in which received by the taxpayer, unless, under the method of accounting used in computing taxable Income, such amount is to be properly accounted... | |
 | United States, United States. Congress. Joint Committee on Internal Revenue Taxation - 1961 - 1208 pages
...GENERAL RULE FOR TAXABLE YEAR OF INCLUSION. (a) GENERAL RULE. — The amount of any item of gross income (2) An individual and a corporation more than 50 percent...in value of the outstanding stock of which is owne the method of accounting used in computing taxable income, such amount is to be properly accounted... | |
 | 1961 - 566 pages
...General rule for taxable year of inclusion — (a) General rule. The amount of any item of gross income shall be included in the gross income for the taxable...year in which received by the taxpayer, unless, under the method of accounting used in computing taxable income, such amount is to be properly accounted... | |
 | United States. Internal Revenue Service - 1962 - 976 pages
...subscription income under the provisions of section 455, such income is includible in gross income for the taxable year in which received by the taxpayer, unless under the method or practice of accounting used in computing taxable income such amount is to be properly... | |
 | United States. Congress. Joint Economic Committee - 1963 - 708 pages
...Section 451(a) of the Internal Revenue Code of 1954 provides that the amount of any item of gross income shall be included in the gross income for the taxable...year in which received by the taxpayer, unless under the method of accounting used in computing taxable income, such amount is to be properly accounted... | |
 | United States. Internal Revenue Service - 1977
...reasonable accuracy. Section 451 (a) of the Code provides that the amount of any item of gross income shall be included in the gross income for the taxable...year in which received by the taxpayer, unless, under the method of accounting used in computing taxable income, such amount is to be properly accounted... | |
 | United States. Internal Revenue Service - 1973
...services rendered. Section 45 1 of the code provides, in part, that the amount of any gross income shall be included in the gross income for the taxable...year in which received by the taxpayer, unless, under the method of accounting used in computing taxable income, such amount is to be properly accounted... | |
 | United States. Tax Court - 1981 - 1236 pages
...taxable year 1973. Section 451, 1.RC 1954,1 prescribes the general rule that "any item of gross income shall be included in the gross income for the taxable...year in which received by the taxpayer" unless, under the taxpayer's method of accounting, such amount is "properly accounted for as of a different period."... | |
 | United States. Internal Revenue Service - 1974
...forfeiture by the borrower. Section 451 (a) of the Code provides that the amount of any item of gross income shall be included in the gross income for the taxable...year in which received by the taxpayer, unless, under the method of accounting used in computing taxable income, such amount is to be properly accounted... | |
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The amount of all such items shall be included in the gross income for the taxable year in which received by the taxpayer, unless under methods of accounting permitted under subdivision (b) of Section 11, any such amounts are to be properly accounted... 
