 | United States. Congress. Senate. Committee on Appropriations - 1945 - 1222 pages
...income-tax law: i 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 personal services actually rendered ; traveling expenses (including the entire amount expended for... | |
 | United States. Tax Court - 1945 - 1392 pages
...— All the ordinary and necessary expenses paid or Incurred during the taxable year in carrying nn any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered; traveling expenses (Including the entire amount... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 428 pages
...In General. — 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 the entire amount... | |
 | United States. Congress. Senate. Committee on the District of Columbia - 1947 - 1798 pages
...(1) 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; traveling expenses (including the entire amount... | |
 | United States. Congress. Senate. Committee on the District of Columbia - 1947 - 1136 pages
...(1) 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 ; traveling expenses (including the entire amount... | |
 | United States. Congress. House. Committee on Ways and Means - 1953 - 784 pages
...law specifies as trade or business expenditures ordinary and necessary expenses in carrying on the business, including a reasonable allowance for salaries...compensation for personal services actually rendered. The test of reasonableness has frequently been a source of irritating controversy. This is a matter which... | |
 | United States. Congress. House. Select Committee on Small Business - 1953 - 462 pages
...the deduction 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. This section should be amended by striking out... | |
| |
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... 
