 | United States. Court of Claims - Law reports, digests, etc - 1948 - 886 pages
...Influence legislation ; * • » • • SEC. 162. NUT INCOME. The net income of the estate or trust shall be computed In the same manner and on the same...In the case of an Individual, except that — (a) There shall be allowed as a deduction (in lieu of the deduction for charitable, etc., contributions... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1949 - 832 pages
...SEC. 183. COMPUTATION OF PARTNERSHIP INCOME. (a) GENERAL RULE. — The net income of the partnership shall be computed in the same manner and on the same basis as in the case of an individual, except as provided in subsections (b) and (c) . (b) SEGREGATION OF ITEMS. (1) CAPITAL GAINS AND LOSSES. —... | |
 | United States. Court of Claims - Law reports, digests, etc - 1941 - 708 pages
...kind of property held in trust, * * * and Section 162 provides: The net income of the estate or trust shall be computed in the same manner and on the same basis as in the case of an individual, * * * with certain exceptions not material here. Section 23 specifies the deductions from gross income... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 pages
...to income for benefit of the grantor). SEC. 162. NET INCOME. The net income of the estate or trust shall be computed in the same manner and on the same...as in the case of an individual, except that— (a) There shall be allowed as a deduction (in lieu of the deduction for charitable, etc., contributions... | |
 | United States - Finance - 1928 - 268 pages
...applicable to such year. SEC. 183. COMPUTATION OF PARTNERSHIP INCOME. The net income of the partnership shall be computed in the same manner and on the same...basis as in the case of an individual, except that the so-called "charitable contribution" deduction provided in section 23 (n) shall not be allowed.... | |
 | United States. Internal Revenue Service - Corporations - 1950 - 464 pages
...credits provided for individuals apply also to estates and trusts. Net income of an estate or trust is computed in the same manner and on the same basis as in the case of an individual, except that there is allowed as a deduction, in lieu of the deduction for contributions to charitable, religious,... | |
 | United States. Internal Revenue Service - Income tax - 1931 - 502 pages
...applicable to such year. SEC. 183. COMPUTATION OF PARTNERSHIP INCOME. The net income of the partnership shall be computed in the same manner and on the same...basis as in the case of an individual, except that the so-called " charitable contribution " deduction provided in section 23 (n) shall not be allowed.... | |
 | United States. Bureau of Internal Revenue - Income tax - 1933 - 452 pages
...applicable to such year. SEC. 183. COMPUTATION OF PARTNERSHIP INCOME. The net income of the partnership shall be computed in the same manner and on the same...basis as in the case of an individual, except that the so-called " charitable contribution" deduction provided in section 23(n) shall not be allowed.... | |
 | United States. Board of Tax Appeals - Taxation - 1935 - 1394 pages
...is the surviving executor) he provided 'SEC. 162. NET INCOME. The net Income of the estate or trust shall be computed in the same manner and on the same...In the case of an individual, except that — (a) There shall be allowed as a deduction (In lieu of the deduction for charitable, etc., contributions... | |
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The net income of the Common Trust Fund shall be computed in the same manner and on the same basis as in the case of an individual... 
