...hundred and twenty, imended. is hereby amended to read as follows: § 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...

...only if and to the extent that they are connected with income arising from sources within the state: (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...

...United Stnlts for the purpose of this title. SUGGESTED AMENDMENTS TO TITLE II. — INCOME TAX. SEC. 234. (1) All the ordinary and necessary expenses paid or...including a reasonable allowance for salaries or other compensation for personal services actually rendered, am] including rentals or other payments required...

...are permitted to individuals, when they actually have any of them, or some or all of them : 74 (a) "(1) All the ordinary and necessary expenses paid...including a reasonable allowance for salaries or other compensation for personal services actually rendered; traveling expenses (including the entire amount...

...United Slntts for the purpose of this title. SUGGESTED AMENDMENTS TO TITLE U. — INCOME TAX. SEC. 234. (1) All the ordinary and necessary expenses paid or...carrying on any trade or business, including a reasonable allov ance for salaries or other compensation for personal services actually rendered, and including...

...be allowed as deductions: (a) All the ordinary and necessary expenses paid during the income year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required...

...allowed as deductions : (a) All the ordinary and necessary expenses paid during the income year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required...

...allowed as deductions : (a) All the ordinary and necessary expenses paid during the income year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered, and including rentals or other payments required...

...provides that : 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. and followed by stating that : The word " including...

...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; ic) Interest paid within the taxable year on debts or. loans contracted to meet...