| United States. Congress. House. Committee on Ways and Means - 1953 - 66 pages
...for all ordinary and necessary business expenses, including a reasonable allowance for salaries and traveling expenses (including the entire amount expended...while away from home in the pursuit of a trade or business. The new proposed Internal Revenue Code retains substantially these same provisions. In order... | |
| United States. Internal Revenue Service - Tax administration and procedure - 1963 - 1436 pages
...provides, in part, that among the ordinary and necessary business expenses allowable as deductions are traveling expenses (including the entire amount expended...while away from home in the pursuit of a trade or business. Section 162(a) of the Code, as amended by section 4 of the Revenue Act of 1962, provides... | |
| Wisconsin - Bills, Private - 1953 - 666 pages
...carrying on the profession, • * • trade or business from which the income is derived, including traveling expenses (including the entire amount expended...lodging) while away from home in the pursuit of a profession, trade or business, and including abo a reasonable allowance for depreciation by use, wear... | |
| Great Britain. Privy Council. Judicial Committee - Constitutional law - 1954 - 878 pages
...made in ascertaining the taxable income. These deductions include, by section 5: "(1) (f) travelling expenses, including the entire amount expended for...while away from home in the pursuit of a trade or business." 88160— III— 12 JC It is to be observed that no question arises in the refer1937 ence... | |
| United States. Tax Court - Taxation - 1955 - 1498 pages
...In general. — All the ordinary and necessary expense* paid or Incurred during the taxable year in carrying on any trade or business, including a reasonable...pursuit of a trade or business ; and rentals or other payment* required to be made as a condition to the continued use or possession, for purposes of the... | |
| United States. Internal Revenue Service - Tax administration and procedure - 1955 - 1158 pages
...and at its direction. Section 23(a)(l)(A) of the Code provides in part a deduction is allowable for "traveling expenses (including the entire amount expended...while away from home in the pursuit of a trade or business ; * *." The traveling expenses incurred by the taxpayer under consideration in connection... | |
| United States. Tax Court - Taxation - 1957 - 1178 pages
...allowance for salaries or other compensation for personal services actually rendered ; • • • and rentals or other payments required to be made...purposes of the trade or business, of property to 27 TAX COURT OF UNITED STATES REPORTS. (638) However, it is well settled that expenditures made to... | |
| United States. Tax Court - Taxation - 1958 - 1388 pages
...In General. — All tbe ordinary and necessary expenses paid or Incurred during the taxable year In carrying on any trade or business, Including a reasonable...actually rendered ; traveling expenses (Including tbe entire amount expended for meals and lodging) while away from home In the pursuit of a trade or... | |
| United States. Congress. House. Committee on Government Operations - Construction workers - 1958 - 170 pages
...examples of ordinary and necessary business expenses explicitly mentioned by Congress in that section are traveling expenses (including the entire amount expended...lodging) while away from home in the pursuit of a trade ur business. On the other hniul, section 262 specifies that, with certain exceptions not here material,... | |
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