 Debts ascertained to be worthless and charged off within the taxable year (or, In the discretion of the Commissioner, a reasonable addition to a reserve for bad debts); and when satisfied that a debt is recoverable only In part, the Commissioner may allow...  United States Code - Page 3296by United States - 1953Full view - About this book
 | National City Company - Income tax - 1921 - 104 pages
...in the ordinary course of their business. 97 "(5) Debts ascertained to be worthless and charged off within the taxable year (or in the discretion of the...only in part, the Commissioner may allow such debt to be charged off in part;" Provision for charge-off of a reserve or fractional loss is new. 98 "(6)... | |
 | United States - Law - 1921 - 642 pages
...value as of March 1, 1913; | (5) Debts ascertained to be worthless and charged off within the < *<e taxable year (or in the discretion of the Commissioner,...only in part, the Commissioner may allow such debt to be charged off in part; (6) The amount received as dividends (A) from a domestic corporation other... | |
 | United States - Law - 1922 - 756 pages
...fair market price or value as of March 1, 1913; (5) Debts ascertained to be worthless and charged off within the taxable year (o'r in the discretion of...only in part, the Commissioner may allow such debt to be charged off in part; (6) The amount received as dividends (A) from a domestic corporation other... | |
 | Accounting - 1922 - 500 pages
...corporation there shall be allowed as a deduction : Debts ascertained to be worthless and charged off within the taxable year (or, in the discretion of...only in part, the commissioner may allow such debt to be charged off in part. The foregoing provision changes the previous practice in two particulars... | |
 | United States - Law - 1922 - 1028 pages
...fair market price or value as of March 1, 1913 ; (7) Debts ascertained to be worthless and charged off within the taxable year (or, in the discretion of...only in part, the Commissioner may allow such debt to be charged off in part.; (8) A reasonable allowance for the exhaustion, wear and tear of property... | |
 | United States. Congress. House. Committee on Ways and Means - Finance - 1923 - 256 pages
...fair market price or value as of March 1, 1913; (7) Debts ascertained to be worthless and charged off within the taxable year (or, in the discretion of...only in part, the Commissioner may allow such debt to be charged off in part; (8) A reasonable allowance for the exhaustion, wear and tear of property... | |
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