... in keeping the books of such taxpayer; but if no such method of accounting has been so employed, or if the method employed does not clearly reflect the income, the computation shall be made in accordance with such method as in the opinion of the Commissioner... Income Tax Procedure - Page 70by Robert Hiester Montgomery - 1920Full view - About this book
| United States. Court of Claims - Law reports, digests, etc - 1927 - 902 pages
...such basis and in such manner as in the opinion of the commissioner does clearly reflect the income. If the taxpayer's annual accounting period is other...shall be computed on the basis of the calendar year. ***** "SEC. 234. (a) That in computing the net income of a corporation subject to the tax imposed by... | |
| United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1952 - 936 pages
...accordance with such method as in the opinion of the Commissioner does clearly reflect the income. If the taxpayer's annual accounting period is other than a fiscal year as defined In Section 48 or if the taxpayer has no annual accounting period or does not keep books, the net income shall... | |
| Guaranty Trust Company of New York - Canada - 1919 - 664 pages
...such basis and in such manner as in the opinion of the Commissioner does clearly reflect the income. If the taxpayer's annual accounting period is other...accounting period from fiscal year to calendar year, or from calendar year to fiscal year, or from one fiscal year to another, the net income shall, with... | |
| Alabama - Law - 1919 - 1476 pages
...income. If the taxpayer's annual accounting period is other than the fiscal year as defined in this act, or if the taxpayer has no annual accounting period...shall be computed on the basis of the calendar year. (b) If a taxpayer changes his accounting period from fiscal year to calendar year, from calendar year... | |
| Harris, Forbes & co., New York - Income tax - 1919 - 164 pages
...upon such has and in such manner as in the opinion of the Commissioner does clear! reflect the income. If the taxpayer's annual accounting period is other...year as defined in section 200 or if the taxpayer has annual accounting period or does not keep books, the net income shaflj be computed on the basis of... | |
| National City Company, United States - Internal revenue law - 1919 - 104 pages
...such basis and in such manner as in the opinion of the Commissioner does clearly reflect the income. If the taxpayer's annual accounting period is other than a fiscal year as defined in Section 200 (par. 16) or if the taxpayer has no annual accounting period or does not keep books, the net income... | |
| New York (N.Y.). Tax Commission - Taxation - 1919 - 106 pages
...such basis and in such manner as in the opinion of the comptroller does clearly reflect the income. If the taxpayer's annual accounting period is other than a fiscal year as defined in this article, or if the taxpayer has no annual accounting period or does not keep books, the net income... | |
| Henry Montefiore Powell - Corporations - 1919 - 708 pages
...such basis and in such manner as in the opinion of the comptroller does clearly reflect the income. If the taxpayer's annual accounting period is other than a fiscal year as defined in this article, or if the taxpayer has no annual accounting period or does not keep books, the net income... | |
| Income tax - 1920 - 188 pages
...income. If the taxpayer's annual accounting period is other than a iiscal year as denned in this article, or if the taxpayer has no annual accounting period...shall be computed on the basis of the calendar year. 2. If a taxpayer changes his accounting period from fiscal year to calendar year, from calendar year... | |
| Real Estate Board of New York - Income tax - 1920 - 112 pages
...such basis and in such manner as in the opinion of the Commissioner does clearly reflect the income. If the taxpayer's annual accounting period is other than a fiscal year as defined in section«200 or if the taxpayer has no annual accounting period or does not keep books, the net income... | |
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