 | Robert Hiester Montgomery - 1920 - 1320 pages
...ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries...taken or is not taking title or in which he has no equity.3 Section 234. [Corporations.] (a) That in computing the net 'See page 549. [Former Procedure]... | |
 | Robert Hiester Montgomery - 1927 - 1510 pages
...expiration. (CB IV-2, 78; IT 2199.) Rentals (i) .... rentals or other payments required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity; Sometimes the rental charge is increased by expenditures not included in the cash payments to the landlord.... | |
 | United States. Board of Tax Appeals - 1930 - 1554 pages
...ordinary and necessary expenses pnid or incurred during the taxable year in carrying on any trails or business, Including a reasonable allowance for salaries...is not taking title or in which he has no equity. and section 214(a)(2), Kevenue Act of 1921, which, for present purposes is similar. (413) MARION STONE... | |
 | United States. Internal Revenue Service - 1931 - 502 pages
...home in the pursuit of a trade or business ; and rentals or other pay mi-ills required to be made as a condition to the continued use or possession, for...is not taking title or in which he has no equity. ART. 121. Business expenses. — Business expenses deductible from gross income include the ordinary... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...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 possession, for...is not taking title or in which he has no equity. ART. 121. Business expenses.—Business expenses deductible from gross income include the ordinary... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 pages
...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 possession, for...is not taking title or in which he has no equity. AHT. 23(a)-1. Business expenses. — Business expenses deductible from gross income include the ordinary... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...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 possession, for...is not taking title or in which he has no equity. ART. 23(a)-l. Business expenses. — Business expenses deductible from gross income include the ordinary... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...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 possession, for...is not taking title or in which he has no equity. (b) INTEREST. — All interest paid or accrued within the taxable year on indebtedness, except on indebtedness... | |
 | 1920 - 1042 pages
...taxable year in carrying- on any trade or business includinga reasonable allowance for salaries or other compensation for personal services actually...is not taking* title or in which he has no equity; (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred... | |
 | United States. Congress. Senate. Committee on Finance - 1939 - 780 pages
...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 possession, for...is not taking title or in which he has no equity. (2) CORPORATE CHARITABLE CONTRIBUTIONS. — No deduction shall be allowable under paragraph (1) to... | |
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... rentals or other payments required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to which the taxpayer has not taken or is not taking title or in which he has no equity... 
