...in section 204 for determining the gain or loss from the sale or other disposition of property; (5) Debts ascertained to be worthless and charged off...Commissioner may allow such debt to be charged off in part; (6) The amount received as dividends (A) from a domestic corporation other than a corporation entitled...

...disposition of property; Worthless debts charged off within taxable year; debts recoverable in part. (7) Debts ascertained to be worthless and charged...commissioner may allow such debt to be charged off in part; Exhaustion; wear and tear; obsolescence; apportionment. (8) A reasonable allowance for the exhaustion,...

...any transaction entered Into for profit, though not connected with the trade or business ; * -* •* (7) Debts ascertained to be worthless and charged...when satisfied that a debt is recoverable only in pert, the Commissioner may allow such debt to be charged off in part. (Sec. 214 (a), Rev. Act of 1921.)...

...corporation subject to the tax imposed by section 230 there shall be allowed as deductions: ******* (5) Debts ascertained to be worthless and charged off...Commissioner, a reasonable addition to a reserve for bud debts) * * *. The officers of this petitioner knew most of its customers and had personal knowledge...

...gain or loss from the sale or other disposition of property; SEC. 214 (a) (7) : SEC. 234 (a) (5) : Debts ascertained to be worthless and charged off...discretion of the Commissioner, a reasonable addition to a rein part, the Commissioner may allow such debt to be charged off in part. (k) Depreciation. — A...

...LAW. Section 214. [Individuals] (a) In computing net income there shall be allowed as deductions: .... (7) Debts ascertained to be worthless and charged...Commissioner may allow such debt to be charged off in part; .... ^Former Procedure] The 1913, 1916 and 1917 laws read: "debts due to the taxpayer actually ascertained...

...in section 2o4 for determining the gain or loss from the sale or other disposition of property; (5) Debts ascertained to be worthless and charged off...Commissioner may allow such debt to be charged off in part; (6) The amount received as dividends (A) from a domestic corporation other than a corporation entitled...

...be allowed as deductions : (5) Debts ascertained to be worthless and charged off within the taxablfe year (or in the discretion of the Commissioner, a...Commissioner may allow such debt to be charged off in part ; * * * The commissioner has allowed the deduction of a reserve amounting to $2,014.23, and has disallowed...

...deductions : (7) Debts ascertained to be worthless and charged off within the taxable year (or, iu the discretion of the Commissioner, a reasonable addition...Commissioner may allow such debt to be charged off in part The statute provides for a deduction in the discretion of the Commissioner of a reasonable addition...

...for the deduction of a partial charge-off. In section 234 (a) (o) it provided for the deduction of: Debts ascertained to be worthless and charged off...satisfied that a debt is recoverable only in part, tlie Commissioner may allow such debt to be charged off in part. The petitioner claims that the $50,000...