| New York Chamber of Commerce - Commerce - 1919 - 784 pages
...the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting- practice in the trade or business and as most clearly reflecting the net income": therefore, be it Resolved, That the Chamber of Commerce of the State of... | |
| Law reports, digests, etc - 1926 - 1142 pages
...the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income." From time to time the Treasury Department has adopted rules relative to inventories,... | |
| George Edwin Holmes - Excess profits tax - 1919 - 1048 pages
...the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income. NET LOSSES Sec. 204. (a) That as used in this section the term "net loss" refers... | |
| National City Company, United States - Internal revenue law - 1919 - 104 pages
...Commissioner, with the approval of the Secretary, may income, prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income. NET LOSSES. 32. SEC. 204. (a) That as used in this section the term "net loss"... | |
| Guaranty Trust Company of New York - Canada - 1919 - 664 pages
...the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income. NET LOSSES SEC. 204.(a) That as used in this section the term "net loss" refers... | |
| United States - Internal revenue law - 1920 - 1064 pages
...the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be net in reflecting the income. DrfDittion!OS5es~ SEC- 204- (») That as used in this section the term " net... | |
| Clothing trade - 1920 - 622 pages
...the commissioner, with the approval of the secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the Income. NET LOSSES Scop* of net losses. — As used In the atattue the term "net loss"... | |
| United States. Bureau of Internal Revenue - Excess profits tax - 1920 - 346 pages
...the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income. ART. 1581. Need of inventories. — In order to reflect the net income correctly,... | |
| Real Estate Board of New York - Income tax - 1920 - 104 pages
...the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income. Net Income Defined — Individuals 3 'Law Sec. 212. (a) That in the case of... | |
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