 | United States, United States. Congress. House. Committee on Ways and Means - Finance - 1936 - 308 pages
...and credits (other than the dividends paid credit provided in section 27) provided for in this title shall be taken for the taxable year in which "paid...-upon the basis of which the net income is computed, unless in order to clearly reflect the income the deductions or credits should be taken as of a different... | |
 | United States. Internal Revenue Service - Income tax - 1936 - 604 pages
...dependent upon the method of accounting regularly employed by the corporation in keeping its books or upon the method of accounting upon the basis of which the net income of the corporation is computed. See section 43. (d) Records. — Every corporation claiming... | |
 | United States. Congress. Senate. Committee on Finance - United States - 1939 - 780 pages
...The deductions and credits (other than the corporation dividends paid credit provided in section 27) provided for in this chapter shall be taken for the...upon the basis of which the net income is computed, unless in order to clearly reflect the income the deductions or credits should be taken as of a different... | |
 | United States. Congress. Senate. Committee on Finance - United States - 1939 - 1104 pages
...FOR WHICH DEDUCTIONS AND CREDITS TAKEN SEC. 12. The deductions and credits provided for in this title shall be taken for the taxable year in which "paid...upon the basis of which the net income is computed unless, in order to clearly reflect the income, the deductions or credits should be taken as of a different... | |
 | United States - Law - 1953 - 1744 pages
...The deductions and credits (other than the corporation dividends paid credit provided in section 27) sioner, to unless in order to clearly reflect the income the deductions or credits should be taken as of a different... | |
 | United States. Board of Tax Appeals - Taxation - 1941 - 1630 pages
...dependent upon the method of accounting regularly employed by the corporation In keeping its books or upon the method of accounting upon the basis of which the net Income of the corporation is computed. See section 43. We may assume on the evidence and have so found... | |
 | United States. Board of Tax Appeals - Taxation - 1942 - 1324 pages
...WHICH DEDUCTIONS AND CREDITS TAKEN. The deductions and credits • • • provided for in this title shall be taken for the taxable year In which "paid...method of accounting upon the basis of which the net Income la computed, • • • SEC. 48. DEFINITIONS. When used In this title — .• • • * *... | |
 | United States. Internal Revenue Service - Taxation - 1937 - 874 pages
...dependent upon the method of accounting regularly employed by the corporation in keeping its books or upon the method of accounting upon the basis of which the net income of the corporation is computed. See section 43 of the act. (d) Records.— Every corporation... | |
 | United States. Supreme Court - Taxation - 1945 - 446 pages
...and credits (other than the dividends paid credit provided In section 27) provided for In this title shall be taken for the taxable year In which 'paid...upon the basis of which the net income Is computed, ..." after the close of their fiscal year, and consequently their contracts disposing of a percentage... | |
| |
paid or incurred", dependent upon the method of accounting upon the basis of which the net income is computed, unless in order to clearly reflect the income the deductions or credits should be taken as of a different period. 
