 | United States. Internal Revenue Service - 1936 - 604 pages
...(b) (6). [SEC. 112. RECOGNITION OF GAIN OR LOSS.] (f) Involuntary conversions. — If property (as a result of its destruction in whole or in part, theft...condemnation, or the threat or imminence thereof) is compulsorlly or involuntarily converted into property similar or related in service or use to the property... | |
 | United States. Congress. Senate. Committee on Finance - 1939 - 780 pages
...then no loss from the exchange shall be recognized. (f) INVOLUNTARY CONVERSIONS. — If property (as a result of its destruction in whole or in part, theft...to the property so converted, or into money which is forthwith in good faith, under regulations prescribed by the Commissioner with the approval of the... | |
 | 1924 - 1040 pages
...its destruction in whole or in part, tiielt or seizure, or an exercise ai the power of réquisition or condemnation, or the threat or imminence thereof)...or involuntarily converted into property similar or rulaied m service or use to the property eo converted, or into money which is forthwith in goud faith,... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1938 - 348 pages
...then no loss from the exchange shall be recognized. (f) INVOLUNTARY CONVERSIONS— If property (as a result of its destruction in whole or in part, theft...to the property so converted, or into money which is forthwith in good faith, under regulations prescribed by the Commissioner with the approval of the... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 pages
...then no loss from the exchange shall be recognized. (f) INVOLUNTARY CONVERSIONS. — If property (as a result of its destruction in whole or in part, theft...to the property so converted, or into money which is forthwith in good faith, under regulations prescribed by the Commissioner with the approval of the... | |
 | 1939 - 1030 pages
...of the Act.*t [SEC. 112. RECOGNiTiON OF GAiN OR Loss.l (f) Involuntary conversions. 1f property (as a result of its destruction in whole or in part, theft...to the property so converted, or into money which is forthwith in good faith, under regulations prescribed by the Commissioner with the approval of the... | |
 | 1940 - 1806 pages
...(b) (6).*t [SEC. 112. Recognition of gain or loss.] (/) Involuntary conversions. — If property (as Off. Is forthwith In good faith, under regulations prescribed by the Commissioner with the approval of the... | |
 | 1941 - 1688 pages
...112 (b) (6).*t [SEC. 112. RECOGNITION OF GAIN oa LOSS.] (f) Involuntary conversions. If property (as a result of its destruction In whole or In part, theft...to the property so converted, or Into money which Is forthwith In good faith, under regulations prescribed by the Commissioner with the approval of the... | |
 | 1961 - 566 pages
...defined in section 1231 (b)), and (iii) Prom the compulsory or involuntary conversion (as a result of destruction, in whole or in part, theft or seizure,...or condemnation or the threat or imminence thereof) of property used in the trade or business (as so defined). (B) Any item, to the extent attributable... | |
 | United States, United States. Congress. Joint Committee on Internal Revenue Taxation - 1961 - 1208 pages
...or business, plus the recognized gains from the compulsory or involuntary conversion (as a result of for any taxable year after its fourth taxable year,...prescribed by law for filing the income tax return of property used in the trade or business and capital assets held for more than 6 months into other... | |
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If property (as a result of its destruction in whole or in part, theft or seizure, or an exercise of the power of requisition or condemnation, or the threat or imminence thereof... 
