 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
 | John F. Sherwood - Income tax - 1925 - 206 pages
...from the sale or other disposition of property; (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; (6) The amount received as dividends (A) from a domestic corporation other... | |
 | Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...from the sale or other disposition of property; (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; (6) The amount received as dividends (A) from a domestic corporation other... | |
 | Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...from the sale or other disposition of property; (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... | |
 | Eric Louis Kohler - Income tax - 1927 - 618 pages
...from the sale or other disposition of property; (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; (6) The amount received as dividends (A) from a domestic corporation other... | |
 | United States. Congress. House. Committee on Ways and Means - Internal revenue - 1927 - 1034 pages
...income there shall be allowed as deductions : "(7) 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 ; * * *." REGULATION (III, ARTICLE [ftfl Commissioner's interpretation of... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 pages
...extent provided in section 117. (j) Bad debts. — 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. (k) Depreciation. — A reasonable allowance for the exhaustion, wear and... | |
 | United States. Congress. House. Committee on Ways and Means - Taxation - 1927 - 1032 pages
...income there shall be allowed as deductions: "(7) 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 ; * * *." REGULATION Oil, ARTICLE 1.1,1 Commissioner's interpretation of... | |
 | United States - Law - 1928 - 1164 pages
...reserve for bad debts; debts recoverable in part. (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; Dividends received. (6) The amount received as dividends (A) from a domestic... | |
 | United States. Board of Tax Appeals - Taxation - 1928 - 1582 pages
...connected with the trade or business ; * -* •* (7) Debts ascertained to be worthless and charged off within the taxable year (or, In the discretion of...when satisfied that a debt is recoverable only in pert, the Commissioner may allow such debt to be charged off in part. (Sec. 214 (a), Rev. Act of 1921.)... | |
 | United States - Finance - 1928 - 268 pages
...extent provided in section 117. (j) Bad debts. — Debts ascertained to be worthless and charged off within the taxable year (or, in the discretion of...and when satisfied that a debt is recoverable only SEC. 214 (a) (4) Losses sustained during the taxable year and not compensated for by insurance or otherwise,... | |
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