 | United States. Internal Revenue Service - 1978 - 636 pages
...forth the general rule that the amount of any item of gross income shall be included in 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 - 1951 - 1074 pages
...basis. Section 42 of the Internal Revenue Code provides that "the amount of all items of gross income shall be included in the gross income for the taxable year in which received bj the taxpayer." A taxpayer on the cash basis normally reports income in the year in... | |
 | United States. Internal Revenue Service - 1979 - 644 pages
...dealings in property. 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 unless under the taxpayer's method of accounting that amount is to be properly accounted... | |
 | United States. Internal Revenue Service - 1972 - 624 pages
...Code provides, in part, that the amount of any item of gross income shall be included in gross income mount of and recognition of gain or loss. * * * (e) Certain term inte the method of accounting used in computing taxable income, such amount is to be properly accounted... | |
 | United States. Tax Court - 1986 - 1420 pages
...income from whatever source derived." Section 451 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... | |
 | 1968 - 348 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... | |
 | 1949 - 774 pages
...See section 48 for definitions of "paid or accrued" and "paid or incurred." All items of gross income shall be included in the gross income for the taxable year in which they are received by the taxpayer, and deductions taken accordingly, unless in order clearly... | |
 | United States. Congress. Senate. Committee on Finance - 1977 - 904 pages
...an item of gross income. Section 451 provides, in part, 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. Federal Home Loan Bank Board - 1977 - 572 pages
...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. Federal Home Loan Bank Board - 1977 - 920 pages
...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, E-3 unless, under the method of accounting used in computing taxable income, such amount is to be properly... | |
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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... 
