 All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917, and originally...  Reports of the Tax Court of the United States - Page 29by United States. Tax Court - 1959Full view - About this book
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1962 - 964 pages
...correct. So far as pertinent, the applicable statutes are as follows : Internal Revenue Code of 1939, Sec. 23. Deductions from Gross Income. "In computing...or accrued within the taxable year on indebtedness, * * *" 26 USC 1952 ed., Sec. 23. Internal Revenue Code of 1954, Sec. 163. Interest. "(a) General Rule.... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1956 - 1010 pages
...where a lump-sum payment is made in compromise, regardless of whether the amount of interest included 1 "SEC. 23. Deductions From Gross Income. In computing...shall be allowed as deductions : • *••*• (b) int<rrnt. — All Interest paid or accrued within the taxable year on Indebtedness, • • •." Opinion... | |
 | United States. Court of Claims - Law reports, digests, etc - 1930 - 854 pages
...free from doubt. Deduction may be had of " all interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917, and originally... | |
 | New York (State). Comptroller's Office - Finance - 1919 - 24 pages
...state deduction is on the basis stated above. The corresponding federal provision reads as follows: " All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of 'the United States, issued after September 24, 1917), the... | |
 | Robert Hiester Montgomery - Excess profits tax - 1920 - 1304 pages
...(b). — LAW. Section 234. (a) .... (2) All interest paid or accrued within the taxable year on its indebtedness, except on indebtedness incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917) the interest... | |
 | Harris, Forbes & co., New York - Income tax - 1919 - 164 pages
...property to which the taxpayer has not \ taken or is not taking title or in which he has no equity; (2) All interest paid or accrued within the taxable year...incurred or continued to purchase or carry obligations or securities (other than obligations of the United States issued after September 24, 1917), the interest... | |
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