 | Ewell D. Moore - Taxation - 1919 - 44 pages
...a source in the US ITEMS WHICH CANNOT BE DEDUCTED: (Sec. 215). Personal, living or family expenses; Any amount paid out for new buildings or for permanent...made to increase the value of any property or estate; Any amount expended in restoring property or in making good its exhaustion for which an allowance is... | |
 | National City Company, United States - Internal revenue law - 1919 - 104 pages
...shall in any case be allowed in respect of — 76. (a) Personal, living, or family expenses; 77. (b) Any amount paid out for new buildings or for permanent...made to increase the value of any property or estate; 78. (c) Any amount expended in restoring property or in making good the exhaustion thereof for which... | |
 | George Edwin Holmes - Excess profits tax - 1919 - 1052 pages
...Depletion, IMPROVEMENTS AND BETTERMENTS. In computing net income no deduction is allowed to corporations for any amount paid out for new buildings or for permanent...betterments made to increase the value of any property or estate.86 This is a reasonable limitation since amounts of capital invested in permanent improvements... | |
 | New York (State) - Administrative courts - 1919 - 520 pages
...for permanent improvements or betterments made to increase the ^alue of any property or estate; (c) any amount expended in restoring property or in making...thereof, for which an allowance is or has been made; (d) premiums paid Comptroller [Vol. 20] on any life insurance policy covering the life of any officer,... | |
 | Prentice-Hall Inc, Prentice-Hall, inc - Reference - 1919 - 640 pages
...785. Art. 581. Items not deductible. — No deduction from gross income may be made for any amounts paid out for new buildings or for permanent improvements...betterments made to increase the value of any property, or for any amounts expended in restoring property or in making good the exhaustion thereof for which an... | |
 | Harris, Forbes & Co., New York - 1920 - 110 pages
...income no deduction shall in any case be allowed in respect of: 1. Personal, living, or family expenses; 2. Any amount paid out for new buildings or for permanent...thereof for which an allowance is or has been made; or 4. Premiums paid on any life insurance policy, covering the life of any officer or employee, or... | |
 | Income tax - 1920 - 188 pages
...income no deduction shall in any case be allowed in respect of: 1. Personal, living, or family expenses; 2. Any amount paid out for new buildings or for permanent...thereof for which an allowance is or has been made; or 4'. Premiums paid on any life insurance policy, covering the life of any officer or employee, or... | |
 | United States. Bureau of Internal Revenue - Excess profits tax - 1920 - 346 pages
...deduction shall in any case be allowed in respect of — • (a) Personal, living, or family expenses; (b) Any amount paid out for new buildings or for permanent...made to increase the value of any property or estate; (c) Any amount expended in restoring property or in making good the exhaustion thereof for which an... | |
 | Real Estate Board of New York - Income tax - 1920 - 112 pages
...deduction shall in any case be allowed in respect of — (a) Personal, living, or family expenses; (b) Any amount paid out for new buildings or for permanent...made to increase the value of any property or estate; (c) Any amount expended in restoring property or in making good the exhaustion thereof for which an... | |
 | John F. Sherwood - Accounting - 1920 - 272 pages
...corporations. "That in computing net income no deduction shall in any case be allowed in respect of — "Any amount paid out for new buildings or for permanent...to increase the value of any property or estate." Replacements and Renewals must not be Deducted Twice. As previously explained expenditures for repairs... | |
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Any amount paid out for new buildings or for permanent improvements or betterments made to increase the value of any property or estate... 
