 | United States. Board of Tax Appeals - 1934 - 1512 pages
...the 1928 Act: In computing net income there shall be allowed as deductions: ******* (b) Interest. — All interest paid or accrued within the taxable year...the United States issued after September 24, 1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from taxation... | |
 | United States. Congress. Senate. Committee on Finance - 1934 - 630 pages
...(b) of the proposed law, which provides for deductions from gross income, is as follows : " Interest: All interest paid or accrued within the taxable year on indebtedness, except (1) on indebtedness incurred or continued to purchase or carry. or the proceed* of which irvre used... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 pages
...FROM GROSS INCOME.] [In computing net income there shall be allowed as deductions:] (b) Interest. — All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations (other than obligations of the United States issued after September 24, 1917, and originally subscribed... | |
 | United States. Board of Tax Appeals - 1935 - 1394 pages
...taxable year on ita Indebtedness, except on Indebtedness Incurred or continued to purchase or carry on obligations or securities (other than obligations...the United States Issued after September 24, 1917, and originally subscribed for by the taxpayer) the Interest upon which Is wholly exempt from taxation... | |
 | 1936 - 912 pages
..."SEC. 213. That for the purposes of this title * * * the term 'gross income * * * "(2) AH interest paid or accrued within the taxable year on indebtedness,...the United States issued after September 24, 1917, and originally subscribed for by the taxpayer) the interest upon which is wholly exempt from taxation... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...which the taxpayer has not taken or is not taking title or in which he has no equity. (b) INTEREST. — All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations (other than obligations of the United States issued after September 24, 1917, and originally subscribed... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...FROM GROSS INCOME.] [In computing not income there shall be allowed as deductions:] (b) Interest. — All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations (other than obligations of the United States issued lifter September 24, 1917, and originally subscribed... | |
 | United States. Board of Tax Appeals - 1936 - 1468 pages
...of the sum of $8,243 as interest paid. This section authorizes the deduction from gross income of " all interest paid or accrued within the taxable year on indebtedness except" (exceptions not here important). Petitioner contends that by giving a new note he paid the old note... | |
 | United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 pages
...deductions in respect of foreign personal holding companies, see section 336 (b) (2).] (b) INTEREST. — All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations (other than obligations of the United States issued after September 24, 1917, and originally subscribed... | |
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All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917, and originally... 
