 | United States. Internal Revenue Service - 1963 - 1436 pages
...received with respect to the marketing or purchasing of a capital asset (as defined in Wftion 1221) or property used in the trade or business of a character which is subject to the allowance for depreciation provided in section 167 ; and <ii) Any amount (to the... | |
 | United States. Internal Revenue Service - 1955 - 516 pages
...primarily for sale to customers in the ordinary course -of the trade or business; (e) property used in the trade or business of a -character which is...allowance for depreciation provided in section 23 (1) ; !d) real property used in the trade or business of the taxpayer; «) certain Government obligations... | |
 | United States. Congress. House. Committee on Agriculture - 1956 - 166 pages
...close of the taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business, or property,...allowance for depreciation provided in section 23 (1) ;...." within the literal language of the exclusions set out in that section. They were not stock... | |
 | United States. Tax Court - 1956 - 1168 pages
...or property held by the taxpayer primarily for gale to customers In the ordinary course of his trad' or business, or property, used In the trade or business,...allowance for depreciation provided In section 23 (1), or an obligation of the United States or any of Its possessions, or of a State or Territory, or... | |
 | United States. Tax Court - 1957 - 1126 pages
...purposes of this subsection, the term "property used In the trade or business" means property used In the trade or business, of a character which Is...allowance for depreciation provided In section 23 (I), held for more than 6 months, and real property used In the trade or business, held for more than 6... | |
 | United States. Supreme Court - 1958 - 876 pages
...close of the taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business, or property,...allowance for depreciation provided in section 23 (1), or real property used in the trade or business of the taxpayer." 53 Stat. 50, as amended, 56 Stat.... | |
 | United States. Congress. Senate. Committee on the Judiciary - 1960 - 1674 pages
...year, or property held by the taxpayer primarily for sale to customers in the ordinary course of bis trade or business, or property, used In the trade or business, of a character which is subject to the allowance tor depreciation provided in Section 23(1); * * *." (Section 23(1) defines,... | |
 | United States. Supreme Court - 1961 - 934 pages
...purposes of this subsection, the term 'property used in the trade or business' means property used in the trade or business, of a character which is...allowance for depreciation provided in section 23 (I), held for more than 6 months, and real property used in the trade or business, held for more than 6... | |
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... stock in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer if on hand at the close of the taxable* year, or property held by the taxpayer primarily for sale to customers in the ordinary... 
