 | United States. Court of Claims - Law reports, digests, etc - 1948 - 886 pages
...carrying on propaganda, or otherwise attempting, to Influence legislation ; * • » • • SEC. 162. NUT INCOME. The net income of the estate or trust shall...charitable, etc., contributions authorized by section 28 (o)) any part of the gross Income, without limitation, which pursuant to the terms of the Trill... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1958 - 910 pages
...sections of the Internal Revenue Code of 1939 are section 162 and section 23 (a) (2) which follow : Sec. 162. NET INCOME. The net income of the estate...basis as in the case of an individual, except that * * * Sec. 23. DEDUCTIONS FROM GROSS INCOME. In computing net income there shall be allowed as deductions... | |
 | United States. Court of Claims - Law reports, digests, etc - 1941 - 708 pages
...the income of estates or of any kind of property held in trust, * * * and Section 162 provides: The net income of the estate or trust shall be computed...on the same basis as in the case of an individual, * * * with certain exceptions not material here. Section 23 specifies the deductions from gross income... | |
 | United States. Court of Claims - Law reports, digests, etc - 1937 - 786 pages
...recover in either action. Section 162 of the Revenue Act of 1928 provides that the net income of an estate or trust shall be computed in the same manner...basis as in the case of an individual, except that there shall be allowed as an additional deduction, in computing the net income of the trust, the amount... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1949 - 832 pages
...individuals for tax purposes. Section 183 of the bill provides that the net income of a partnership shall be computed in the same manner and on the same basis as in the case of an individual (the same as the rule of the prior acts), with the following exception: (1) The partnership is required... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 pages
...166 (relating to revocable trusts) and section 167 (relating to income for benefit of the grantor). SEC. 162. NET INCOME. The net income of the estate...charitable, etc., contributions authorized by section 23(n)) any part of the gross income, without limitation, which pursuant to the terms of the will or... | |
 | United States - Finance - 1928 - 268 pages
...applicable to such year. SEC. 183. COMPUTATION OF PARTNERSHIP INCOME. The net income of the partnership shall be computed in the same manner and on the same...basis as in the case of an individual, except that the so-called "charitable contribution" deduction provided in section 23 (n) shall not be allowed.... | |
 | United States. Internal Revenue Service - Corporations - 1950 - 464 pages
...credits provided for individuals apply also to estates and trusts. Net income of an estate or trust is computed in the same manner and on the same basis as in the case of an individual, except that there is allowed as a deduction, in lieu of the deduction for contributions to charitable, religious,... | |
 | United States. Internal Revenue Service - Income tax - 1931 - 502 pages
...applicable to such year. SEC. 183. COMPUTATION OF PARTNERSHIP INCOME. The net income of the partnership shall be computed in the same manner and on the same...basis as in the case of an individual, except that the so-called " charitable contribution " deduction provided in section 23 (n) shall not be allowed.... | |
 | United States. Bureau of Internal Revenue - Income tax - 1933 - 452 pages
...applicable to such year. SEC. 183. COMPUTATION OF PARTNERSHIP INCOME. The net income of the partnership shall be computed in the same manner and on the same...basis as in the case of an individual, except that the so-called " charitable contribution" deduction provided in section 23(n) shall not be allowed.... | |
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The net income of the estate or trust shall be computed in the same manner and on the same basis as in the case of an individual... 
