...petitioners, to the extent of their respective interests, are taxable on the income of the trust under terest In such property ; also from Interest, rent, dividends,...or profit, or gains or profits and Income derived from any source whatever. • • • • SEC. 167. INCOME FOR BENEFIT OF GRANTOR, (a) Where any part...

...(a) GENERAL DEFINITION. — "Gross income" includes gains, profits, and Income derived from * • * businesses, commerce, or sales, or dealings in property,...the ownership or use of or interest In such property ; * * * [Emphasis supplied.] in one person and the right to the use of the same property may be in...

...businesses, com merce, or sales, or dealings in property, whether real or personal, growing ouW*^ of the ownership or use of or Interest in such property ;...the transaction of any business carried on for gain 0—^*; profit, or gains or profits and income derived from any source whatever. * * ^^m Section 22...

...property; also from rent, royalties, interest, dividends, securities, or transactions of any trade or business carried on for gain or profit, or gains or profits, and income derived from any source whatever. (b) The words "gross income" shall not include the following: (2) ANNUITIES,...

...whatever form paid, or from professions, vocations, trades, businesses, commerce, or sales, or dealing* in property, whether real or personal, growing out of the ownership or use of or Interest In irucb property ; also from interest, rent, dividends, securities, or the transaction...

...section 22(a) of the Revenue Act of 1934, 48 Stat. 680, ch. 277, includes "income derived from * » * dealings in property, whether real or personal, growing out of the ownership or * * • interest in such property, * * * or gains or profits and income derived from any source -whatever...

...kind **J in whatever form paid, or from professions, vocations, trades, businesses, commerce, " olei. or dealings In property, whether real or personal, growing out of the ownership " t» of or Interest In such property; also from Interest, rent, dividends, securities, or "* transaction...

...since the wife was the owner of the property in 1941, the income was taxable to her as income from "dealings in property, whether real or personal, growing out of the ownership" of such property. Sec. 22 (a). The petitioner at all times from 1934 through 1941 had control over...

...section 3013(a) of this title. • Sec. 3022. Gross income. (a) General Definition. — "Gross Income" Includes gains, profits, and Income derived from *...property, whether real or personal, growing out of the possession or use of or Interest In such property ; also from Interest, rent, dividends, partnership...

...allowed, the net income of a taxable person shall include gains, profits, and income derived from * * * sales, or dealings in property, whether real or personal, growing out of the ownership or use of or interest in real or personal property, also from * * * dividends. * * * or gains or profits and...