 All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered; traveling expenses (including...  Reports of the Tax Court of the United States - Page 592by United States. Tax Court - 1961Full view - About this book
 | 1925 - 798 pages
...Business Expenses All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries, or other compensation for personal services actually rendered are deductible, as well as traveling expenses... | |
 | John F. Sherwood - 1925 - 206 pages
...deductions: (1) All the ordinary and necessary expenses paid or incurred during the taxable -year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...this title ; (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required... | |
 | United States. Board of Tax Appeals - 1926 - 1512 pages
...deductions : (1) All the ordinary and necessary expenses paid or Incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered * * *. (Italics ours.) It will be noted that this... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...deductions: (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...(a) Expenses. — All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable...while away from 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... | |
 | Puerto Rico - 1927 - 748 pages
...follows: "(a) (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensations to employees for personal services actually rendered, and including rentals or other... | |
 | United States. Congress. House. Committee on Ways and Means - 1927 - 1034 pages
...deduction only of— "All the ordinary and necessary expenses paid or incurred during the tnxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required... | |
 | United States. Congress. House. Committee on Ways and Means - 1927 - 1032 pages
...deduction only of — "All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required... | |
 | Eric Louis Kohler - 1927 - 618 pages
...deductions: (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required... | |
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