| United States. Court of Claims - 1936 - 940 halaman
...taxpayer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income." The Commissioner has promulgated the following regulations... | |
| United States. Court of Claims - 1929 - 762 halaman
...Secretary. It is true that the commissioner, in section 203, is directed to conform the inventories " as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income." The language quoted is directory and not mandatory, and... | |
| New York Chamber of Commerce - 1919 - 784 halaman
...tax payer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the net income." The consensus of opinion as expressed by the vote taken... | |
| 1926 - 1142 halaman
...taxpayer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income." From time to time the Treasury Department has adopted rules... | |
| 1919 - 246 halaman
...taxpayer upon such basis as the Commissioner, with the approval of the Secretary, may prescribe as conforming as nearly as may be to the best accounting practice in the trade or business as most clearly reflecting the income." Now, gentlemen, that feature of the Revenue Act should certainly... | |
| New York (State). Comptroller's Office - 1919 - 24 halaman
...or value as of January 1, 1919, if acquired before that date. (Section 355) 59. May inventories be used? Yes ; whenever in the opinion of the comptroller...prescribed by the commissioner of internal revenue. (Section 356) FIDUCIARIES 60. Does the state law resemble the federal statute in its application to... | |
| Alabama - 1919 - 1476 halaman
...shall be taken by such tax payer upon such basis as the State income tax supervisor may prescribe, conforming as nearly as may be to the best accounting practice in the trade or business, and most clearly reflecting the income, and conforming as far as may be to the form and method prescribed... | |
| Henry Montefiore Powell - 1919 - 708 halaman
...taxpayer, inventories shall be taken by such taxpayer upon such basis as the comptroller may prescribe, conforming as nearly as may be to the best accounting practice in the trade or business and most clearly reflecting the income, and conforming so far as may be to the forms and methods prescribed... | |
| National City Company, United States - 1919 - 104 halaman
...t0 determine basis as the Commissioner, with the approval of the Secretary, may income, prescribe as conforming as nearly as may be to the best accounting practice in the trade or business and as most clearly reflecting the income. NET LOSSES. 32. SEC. 204. (a) That as used in this section... | |
| |