...1921, $23,333.32. Section 214 (a) of the revenue acts of 1918 and 1921 provides in part as follows : " That in computing net income there shall be allowed...including a reasonable allowance for salaries or other compensation for personal services actually rendered." Article 105 of Treasury Regulations #45 and...

...deduction for " all the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered, * * *." The reasonableness of the compensation...

...ordinary and necessary expenses paid or incurred in carrying on any trade or business may be included a reasonable allowance for salaries or other compensations for personal services actually rendered." Article 105, Regulations No. 45, United Stales Internal Revenue, Treasury Department. account, Proprietor's...

...expenses, including rents, cost of repairs, and maintenance, heat, power, insurance, management, and a reasonable allowance for salaries or other compensations for personal services actually rendered, and for depreciation; (c) Interest paid within the taxable year on debts or loans contracted to meet...

...expenses, including rentals, cost of repairs, and maintenance, heat, power, insurance, management, and a reasonable allowance for salaries or other compensations for personal services actually rendered, and for depreciation; (c) Interest paid within the taxable year on debts or loans contracted to meet...

...the manufacture and disposition of goods within the United States. DEDUCTIONS ALLOWED Sec. 214. (a) That in computing net income there shall be allowed...including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required...

...allowable in computing net income : ordinary and necessary expenses. SEC. 360. Deductions. In computing net income there shall be allowed as deductions: 1. All...including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required...

...234.(a) That in computing the net income of a corporation subject to the tax imposed by section 230 there shall be allowed as deductions: (1) All the...including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required...

...state subject to taxation under this article. § 360. Deductions. In computing net income there snail be allowed as deductions : 1. All the ordinary and...including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required...

...Compensation mililitary or naval forces. Nonresident aliens gross income. 61. SEC. 214. (a) as deductions: 62. (1) All the ordinary and necessary expenses paid or...including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required...