 | Eric Louis Kohler - Income tax - 1927 - 618 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,...reflect the income, the computation shall be made in accordance with such method as in the opinion of the Commissioner does clearly reflect the income.... | |
 | Accounting - 1927 - 498 pages
...but if no such method of accounting is employed, or if the method employed does not clearly reflect income, the computation shall be made upon such basis...the commissioner does clearly reflect the income." No hampering restrictions upon the commissioner in that language, and not so much faith attributed... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 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,...does not clearly reflect the income, the computation sluilt be made upon such basis and in such manner as in the opinion of the commissioner does clearly... | |
 | Law reports, digests, etc - 1927 - 1158 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, or if the method employed does not clearly _ reflect the -income, the computation shall be made upon such basis and in such manposit sufficiently... | |
 | Wisconsin - Law - 1927 - 1062 pages
...employed, or if the method used does not clearly reflect, the * * * income taxable under this chapter, the computation shall be made upon such basis and in such manner as in the opinion of the tax commission will clearly reflect such income. (b) The terms "paid" or "actually paid," as used in... | |
 | Wisconsin - Session laws - 1927 - 1052 pages
...employed, or if the method used does not clearly reflect the * * * income taxable under this chapter, the computation shall be made upon such basis and in such manner as in the opinion of the tax commission will clearly reflect such income. (b) The terms "paid" or "actually paid," as used in... | |
 | United States. Board of Tax Appeals - Taxation - 1927 - 1522 pages
...of account; but if the method employed does not clearly reflect the net income the computation must be made upon such basis and in such manner as in the opinion of the Commissioner will clearly reflect the net income. We have found that the petitioner's books of account were maintained... | |
 | Law - 1927 - 224 pages
...CB 87. 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, or if the method employed docs not clearly reflect the income, the computation shall be made in accordance with such method as... | |
 | Law reports, digests, etc - 1928 - 1138 pages
...accordance with the method of accounting regularly employed in keeping the books of such taxpayer; but * * * if the method employed does not clearly reflect the...the opinion of the Commissioner does clearly reflect thi income." Сотр. St. § 6336y8f (b). Article 544 of Regulation 45, based upon the Revenue Act... | |
 | United States. Board of Tax Appeals - Taxation - 1928 - 1582 pages
...accordance with the method of accounting regularly employed In keeping the books of snch taxpayer ; but if no such method of accounting has been so employed,...the computation shall be made upon such basis and In snch manner as In the opinion of the Commissioner does clearly reflect the Income. If the taxpayer's... | |
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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... 
