 | United States. Board of Tax Appeals - 1926 - 1508 pages
...does not clearly reflect the income, the computation shall be made upon such basis and in such manner as in the opinion of the Commissioner does clearly reflect the income." The taxpayer was a member of a partnership, owning a one-half interest therein, and for the year 1920,... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...such method of accounting has been so employed, or if the method employed does not clearly reflect the income, the computation shall be made in accordance...the Commissioner does clearly reflect the income. If the taxpayer's annual accounting period is other than a fiscal year as defined in section 48 or... | |
 | 1927 - 224 pages
...such method of accounting has been so employed, or if the method employed docs not clearly reflect the income, the computation shall be made in accordance...the Commissioner does clearly reflect the income. . . ." Now it would seem that there is ample statutory authority in these provisions for the Commissioner... | |
 | Eric Louis Kohler - 1927 - 618 pages
...such method of accounting has been so employed, or if the method employed does not clearly reflect the income, the computation shall be made in accordance...the Commissioner does clearly reflect the income. If the taxpayer's annual accounting period is other than a fiscal year as defined in section 200 or... | |
 | United States - 1928 - 268 pages
...such method of accounting has been so employed, or if the method employed does not clearly reflect the income, the computation shall be made in accordance...the Commissioner does clearly reflect the income. If the taxpayer's annual accounting period is other than a fiscal year as defined in section 48 or... | |
 | United States - 1928 - 1164 pages
...such method of accounting has been so employed, or if the method employed does not clearly reflect the income, the computation shall be made in accordance...the Commissioner does clearly reflect the income. If the taxpayer's annual accounting period is other than a fiscal year as defined in section 931 or... | |
 | Robert Hiester Montgomery - 1927 - 1510 pages
...defines "net income" and states that "if the method [of accounting] employed does not clearly reflect the income, the computation shall be made in accordance...the Commissioner does clearly reflect the income." The Commissioner has from time to time attempted to compel taxpayers reporting on the receipt basis... | |
 | Robert Hiester Montgomery - 1923 - 1760 pages
...does not clearly reflect the income, the computation shall be made upon such basis and in such manner as in the opinion of the Commissioner does clearly reflect the income REGULATIONS, (i) Approved standard methods of accounting will ordinarily be regarded as clearly reflecting... | |
 | United States. Congress. Senate. Committee on Appropriations - 1930 - 120 pages
...does not clearly reflect the income, the computation shall be made upon such basis and in such manner as in the opinion of the commissioner does clearly reflect the income, * * *." The first provision by statute for use of inventories in the determination of income is found... | |
 | United States. Congress. Senate. Appropriations Committee - 1930 - 122 pages
...does not clearly reflect the income, the computation shall be made upon such basis and in such manner as in the opinion of the commissioner does clearly reflect the income, * * *." The first provision by statute for use of inventories in the determination of income is found... | |
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... in accordance with the method of accounting regularly employed in keeping the books of such taxpayer; but if no such method of accounting has been so employed, or if the method employed does not clearly reflect the income... 
