 | United States. Internal Revenue Service - 1955 - 1158 pages
...of the Code for all the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered. The last sentence of section 39.22 (a) -3 of... | |
 | United States. Tax Court - 1955 - 1466 pages
...home In the pursuit of a trade or business ; and rentals or other payment* required to be made a* a condition to the continued use or possession, for purposes of the trade or business, ef property to which the taxpayer ha* not taken or 1* not taking title or In which he has no equity.... | |
 | United States. Tax Court - 1957 - 1178 pages
...personal services actually rendered ; • • • and rentals or other payments required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to 27 TAX COURT OF UNITED STATES REPORTS. (638) However, it is well settled that expenditures made to... | |
 | Congress. Internal Revenue Taxation Joint Committee - 1959 - 220 pages
...•••••• "All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable...for personal services actually rendered; . . . and rentals or other payments required to be made as a condition to the continued use or possession, for... | |
 | United States. Renegotiation Board - 1962 - 284 pages
...of such discontinued renegotiable operation ; (2) Rentals or other payments required to be made as a condition to the continued use or possession for purposes...of the trade or business, of property to which the contractor has not taken or is not taking title or in which he has no equity, which property was used... | |
 | United States. Congress. Senate. Finance - 1963 - 94 pages
...In General. — All the ordinary and necessary expenses paid or Incurred during the taxable year In carrying on any trade or business, Including a reasonable allowance for salaries or other compensation for personal services actually rendered : traveling expenses (including the entire amount... | |
 | United States. Tax Court - 1961 - 1226 pages
...be allowed as •le-dactions the ordinary and necessary expenses In carrying on a trade or business, •-Including • • • rentals or other payments...purposes of the trade or business, of property to which tbe taxpayer has not taken or Is not taking title or In which he has no equity." 11 Section 23 (a)... | |
 | United States. Tax Court - 1950 - 1992 pages
...borne in the pursuit of a trade or business ; and rtnals or other payments required to be made as a condition to the continued use or possession, for...of the trade or business, of property to which the aipajer has not taken or is not taking title or in which he has no equity. • ••***• |C) XON-TBADK... | |
 | United States. Tax Court - 1969 - 1116 pages
...business, Including — • ••••• • (3) rentals or other payments required to be made as a U V \r QQ)%p + #+% .ɀĮ @eF 5 墍 --"5 ] '2 Ȧ4 |0 |< kL$ C6 m 4X {ϗ tbe taxpayer has not taken or Is not taking title or In which he has no equity. SEC. 167. DEPRECIATION.... | |
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All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered... 
