 The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer; but if...  Cases Decided in the United States Court of Claims - Page 429by United States. Court of Claims - 1927Full view - About this book
 | New York (State) - Session laws - 1935
...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,...the computation shall be made upon such basis and in sucli manner as in the opinion of the tax commission docs clearly reflect the income. In the case of... | |
 | Economics - 1919
...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,...the Commissioner does clearly reflect the income." The greatest power given to him is in the section dealing with war excess profits, where he may levy... | |
 | Henry Montefiore Powell - Corporations - 1919 - 400 pages
...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,...basis and in such manner as in the opinion of the comptroller does clearly reflect the income. If the taxpayer's annual accounting period is other than... | |
 | Alabama - Law - 1919
...accordance with the method of accounting regularly employed in keeping the books of such tax payer, but if no such method of accounting has been so employed,...method employed does not clearly reflect the income, computation shall be made upon such basis and in such manner as in the opinion of the State income... | |
 | George Edwin Holmes - Excess profits tax - 1919 - 1023 pages
...in accordance with the method of accounting regularly employed in keeping the books of a taxpayer; if no such method of accounting has been so employed or if the method of accounting does not clearly reflect income the computation is to be made upon such basis and in... | |
 | New York (State) - Administrative courts - 1919
...clearly reflect in-come or if no books are kept, how shall income be calculated? It shall be calculated upon such basis and in such manner as, in the opinion of the Comptroller, clearly reflects income. § 358. Rules and regulations to be promulgated will more fully... | |
 | Harris, Forbes & co., New York - Income tax - 1919 - 153 pages
...method of accounting regular! employed in keeping the books of su<.h taxpayer; but if no such metho of accounting has been so employed, or if the method employed does n< clearly reflect the income, the computation shall be made upon such has and in such manner as in... | |
 | Real Estate Board of New York - Income tax - 1920 - 96 pages
...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,...accounting period is other than a fiscal year as defined in section«200 or if the taxpayer has no annual accounting period or does not keep books, the net income... | |
 | United States. Bureau of Internal Revenue - Excess profits tax - 1920 - 335 pages
...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,...annual accounting period is other than a fiscal year as denned in section 200 or if the taxpayer has no annual accounting period or does not keep books, the... | |
 | Harris, Forbes & Co., New York - 1920 - 102 pages
...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,...basis and in such manner as in the opinion of the comptroller does clearly reflect the income. If the taxpayer's annual accounting period is other than... | |
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