...home in the pursuit of a trade or business; and rentals or other payments required to be made as a condition to the continued use or possession, for...he has no equity; (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued to purchase or...

...expiration. (CB IV-2, 78; IT 2199.) Rentals (i) .... rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity; Sometimes the rental charge is increased by expenditures not included in the cash payments to the landlord....

...material and supplies has not been taken into account in determining the net income for any previous year. possession, for purposes of the trade or business,...is not taking title or in which he has no equity;' Section 234. [Corporations], (a) That in computing the net income of a corporation subject to the tax...

...ordinary and necessary expenses pnid or incurred during the taxable year in carrying on any trails or business, Including a reasonable allowance for...is not taking title or in which he has no equity. and section 214(a)(2), Kevenue Act of 1921, which, for present purposes is similar. (413) MARION STONE...

...home in the pursuit of a trade or business ; and rentals or other pay mi-ills required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. ART. 121. Business expenses. — Business expenses deductible from gross income include the ordinary...

...payments required to be made as a condition to the continued use or possession for business purposes of property to which the taxpayer has not taken or is not taking title, or in which the taxpayer has no equity: Provided, That the provisions of this subdivision shall not be construed...

...home in the pursuit of a trade or business; and rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. ART. 121. Business expenses.—Business expenses deductible from gross income include the ordinary...

...condition to the continued use or possession, for purposes of the trade or bunlnen8, of property to wblcb the taxpayer has not taken or Is not taking title or In which be bas no equity. •See. 23 (a) (2). tvpra, footnote 2. 'SEC. 23. DEDUCTIONS FROM GROSS INCOME. (o)...

...on any trade or business, including — * * * (3) rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. As noted previously, petitioner was not compelled to enter into the agreement. It did so because it...

...on any trade or business, including— * * * (3) rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. We believe the key to defining Conso's rental liability is in turn determined by examining the relationship...