 | United States - 1928 - 1164 pages
...allowed as an additional deduction In computing the net income of the estate or trust the amount of tbe Income of the estate or trust for Its taxable year...distributed as the court may direct, but the amount so allowed as a deduction shall be included In computing the net income of the beneficiaries whether... | |
 | Robert Hiester Montgomery - 1927 - 1510 pages
...the income of the estate or trust for its taxable year ending within his taxable year. (b) .... (2) There shall be allowed as an additional deduction...distributed as the court may direct, but the amount so allowed as a deduction shall be included in computing the net income of the beneficiaries whether... | |
 | United States. Internal Revenue Service - 1931 - 502 pages
...taxable year shall be allowed as a deduction in lieu of the deduction authorized by section 23 (n) . (2) The amount of the income of the estate or trust for...to be held or distributed as the court may direct, shall be allowed as an additional deduction in computing the net income of the estate or trust. The... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...taxable year shall be allowed as a deduction in lieu of the deduction authorized by section 23 (n). (2) The amount of the income of the estate or trust for...to be held or distributed as the court may direct, shall be allowed as an additional deduction in computing the net income of the estate or trust. The... | |
 | United States. Board of Tax Appeals - 1934 - 1646 pages
...computed in the same manner and on the same basis as In the case of an individual, except that — ******* (b) There shall be allowed as an additional deduction...distributed as the court may direct, but the amount so allowed as a deduction shall be Included in computing the net income of the beneficiaries whether... | |
 | United States. Board of Tax Appeals - 1934 - 1508 pages
...that — ******* (b) There shall be allowed as an additional deduction in computing the net incomp of the estate or trust the amount of the income of...distributed as the court may direct, but the amount so allowed as a deduction shall be included in computing the net iucome "f the beneficiaries whether... | |
 | United States. Supreme Court - 1934 - 816 pages
...upon " the income of estates or of any kind of property held in trust," and direct that, (b) (2), " There shall be allowed as an additional deduction...distributed currently by the fiduciary to the beneficiaries, . . . but the amount so allowed as a deduction shall be included in computing the net income of the... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 pages
...establishment, acquisition, maintenance or operation of a public cemetery not operated for profit ; (b) There shall be allowed as an additional deduction...distributed as the court may direct, but the amount so allowed as a deduction shall be included in computing the net income of the beneficiaries whether... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...establishment, acquisition, maintenance or operation of a public cemetery not operated for profit; (b) There shall be allowed as an additional deduction...distributed as the court may direct, but the amount so allowed as a deduction shall be included in computing the net income of the beneficiaries whether... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...establishment, acquisition, maintenance or operation of a public cemetery not operated for profit ; (b) There shall be allowed as an additional deduction...distributed as the court may direct, but the amount so allowed as a deduction shall be included in computing the net income of the beneficiaries whether... | |
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There shall be allowed as an additional deduction in computing the net income of the estate or trust the amount of the income of the estate or trust for Its taxable year which is to be distributed currently... 
