...iNVOLrwTABi CONVERSIONS.— It property (as a result of Its destruction In whole or In [mrt. tbeft or seizure, or an exercise of the power of requisition...condemnation, or the threat or Imminence thereof) Is compulsorlly or Involuntarily converted Into property ilmllnr or related In service or use to the property...

...Its equivalent as a result of (A) Its destruction In whole or in part, (B) theft or seizure, or (C) an exercise of the power of requisition or condemnation, or the threat or Imminence thereof ; and If the taxpayer proceeds forthwith In good faith, under regulations prescribed by the Commissioner...

...establishment of a replacement fund. The statute • (f) INVOI.CNTAIIY CONVERSIONS. — If property (as a result of Its destruction in whole or in part, theft or seizure, or nn exercise of tlie power of requisition or condemnation, or the threat or imminence thereof) Is eompulsorily...

...broadcasting" includes telecasting. Section 1033 (a) (1) of the Code provides, in part, that if property is compulsorily or involuntarily converted into property similar or related in service or use to the property so converted, and if the taxpayer elects, gain shall be recognized only to the...

...or business, plus the recognized gains from 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 and capital ossets held for more than 6 months into other...

...or business, plus the recognized gains from 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 and capital assets held for more than 6 months [9 months...

...realized, or 1 SEC. 112. RECOGNITION OF GAIN OR LOSS. (f) INVOLUNTARY CONVERSIONS. — If property (as a result of its destruction in whole or in part, theft or sei7.ure. or an exercise of the power of requisition or condemnation. or the threat or Imminence thereof)...

...conversion" means a compulsory or involuntary conversion of property into other property or money as a result of its destruction in whole or in part, theft...or condemnation or the threat or imminence thereof; and the term "other disposition" includes the destruction or loss, in whole or In part, of property...

...or business, plus the recognized gains from 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 and capital assets held for more than 6 months into other...

...conversion" means a compulsory or involuntary conversion of property into other property or money as a result of its destruction in whole or in part, theft...or condemnation or the threat or imminence thereof; and the term "other disposition" includes the destruction or loss, in whole or in part, of property...