...in tho pursuit of a trade or business; and "(3) 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. CH. IB, PT. VI — DEDUCTIONS — EXPENSES (in part) iredesignaled, added) SEC. 162— Continued (a)...

...trade or business, including — »**•*•• (3) 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. The question of whether the payments were actually rentals is a question of fact to be determined in...

...be allowed as •le-dactions the ordinary and necessary expenses In carrying on a trade or business, •-Including • • • rentals or other payments...purposes of the trade or business, of property to which tbe taxpayer has not taken or Is not taking title or In which he has no equity." 11 Section 23 (a)...

...provides that rental payments are deductible if the payments are for the "continued use or possession" of property to which the "taxpayer has not taken or...is not taking title or in which he has no equity." The parties have stipulated that at no time during the terms of the leases was legal title to the items...

...borne in the pursuit of a trade or business ; and rtnals or other payments required to be made as a condition to the continued use or possession, for...of the trade or business, of property to which the aipajer has not taken or is not taking title or in which he has no equity. • ••***• |C) XON-TBADK...

...business, Including — • ••••• • (3) rentals or other payments required to be made as a U V \r QQ)%p + #+% .ɀĮ @eF 5 墍 --"5 ] '2 Ȧ4 |0 |< kL$ C6 m 4X {ϗ  tbe taxpayer has not taken or Is not taking title or In which he has no equity. SEC. 167. DEPRECIATION....

...required to made as a condition to the continued use or possession, for purposes of the trade c»*" business, of property to which the taxpayer has not taken or Is not taking title or In \\hic ** he has no equity. • SEC. 23. DEDUCTIONS FROM GROSS INCOME. In computing net income there...

...on any trade or business, including — * * * (3) 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. As noted previously, petitioner was not compelled to enter into the agreement. It did so because it...

...on any trade or business, including— * * * (3) 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. We believe the key to defining Conso's rental liability is in turn determined by examining the relationship...

...business including: (3) rentals or other payments required to be made as a condition to the continued possession, for purposes of the trade or business,...is not taking title or in which he has no equity. As in the case of salary or compensation, section 162(a)(3) does not specifically limit deductions...