...or estate. 6. The word " paid " for the purposes of the deductions and credits under this article, means " paid or accrued " or " paid or incurred,"...the basis of which the net income is computed, under this article. The term "received" for the purpose of the computation of net income under this article,...

...estate. 6. The word "paid" for the purposes of the deduc- Paid or tions and credits under this article, means "paid or accrued" or "paid or incurred," and...the basis of which the net income is computed, under this article. The term "received" for the purpose of the computation of net income under this article,...

...incurred" and "Paid or Accrued." — The term "paid," for the purposes of the deductions and credits, means "paid or accrued" or "paid or incurred." and...the basis of which the net income is computed under. Person. — The term "person" includes partnerships and corporations, as well as individuals. Personal...

..."paid" for the purpose of the deductions and credits hereinafter provided for with respect to income tax means paid or accrued or paid or incurred, and the...be construed according to the method of accounting on the basis on which the net income is computed under this act. Amend section 324, H. 383, by striking...

...accrued '' or currrfa''d °r '" " P&id or incurred." and the terms " paid or incurred " r"p»'<' or ac- d? SEC. 201. (a) That the term "dividend " when used in this title (except in paragraph (10) of subdivision...

...accrued " or curTOia"d °r in " Paid or incurred," and the terms " paid or incurred " ••paid or ac- and "paid or accrued '' shall be construed according...which the net income is computed under section 212. Dividend.. SEC. 201. (a) That the term "dividend " when used in this title (except in paragraph (10)...

...paid within the taxable year on policy and annuity contracts. "Paid" -includes "accrued" or "incurred" (construed according to the method of accounting upon the basis of which the net income is computed) during the taxable year, but does not include any estimate for losses incurred but not reported during...

...imposition of taxes on unearned profits. Section 200 of the income-tax law defines "paid" as follows: " The term ' paid ' for the purposes of the deductions...which the net income is computed, under Section 212."' Section 203 provides that — " Whenever, in the opinion of the Commissioner, the use of inventories...

...Government contract or contracts made between April 6, 1917, and November 11, 1918, both dates inclusive; The term "paid," for the purposes of the deductions...which the net income is computed under section 212. BASIS FOR DETERMINING GAIN OR LOSS. SEC. 202. (a) That for the purpose of ascertaining the gain derived...

...of this title, after excluding all items of capital gain, capital loss, and capital deductions. Paid The term "paid" for the purposes of the deductions...which the net income is computed under section 212. Personal Service Corporation The term "personal service corporation" means a corporation whose income...