Cases Decided in the Court of Claims of the United States, Volume 83U.S. Government Printing Office, 1937 - Law reports, digests, etc |
From inside the book
Results 1-5 of 100
Page 56
... deduction of loss of prior year ; loss in trade or business of taxpayer - Where the taxpayer's regular business was that of an employee of a brokerage firm in New York City , loss sus- tained by him in 1927 on a total of three real ...
... deduction of loss of prior year ; loss in trade or business of taxpayer - Where the taxpayer's regular business was that of an employee of a brokerage firm in New York City , loss sus- tained by him in 1927 on a total of three real ...
Page 58
... deduction allowed by Section 117 of the Revenue Act of 1928 . September 16 , 1931 , and January 7 , 1932 , the Commis- sioner advised plaintiff that the claim for refund would be rejected on the ground that the loss sustained in 1927 ...
... deduction allowed by Section 117 of the Revenue Act of 1928 . September 16 , 1931 , and January 7 , 1932 , the Commis- sioner advised plaintiff that the claim for refund would be rejected on the ground that the loss sustained in 1927 ...
Page 60
... deduction from gross income because of the loss sus- tained in the preceding year , but subsequently filed a claim for refund in respect to the taxes paid on the return , assign- ing the following grounds therefor : The claimant is ...
... deduction from gross income because of the loss sus- tained in the preceding year , but subsequently filed a claim for refund in respect to the taxes paid on the return , assign- ing the following grounds therefor : The claimant is ...
Page 61
... deductions allowed by this title over the gross income , with the following excep- tions and limitations : ( 1 ) ... deduction for the two succeeding taxable years . The definition of net losses in section 206 ( a ) ( 1 ) of the ...
... deductions allowed by this title over the gross income , with the following excep- tions and limitations : ( 1 ) ... deduction for the two succeeding taxable years . The definition of net losses in section 206 ( a ) ( 1 ) of the ...
Page 62
... deduction is sought forms a taxpayer's principal trade or business , it is required that his activities shall be ... deductions and carrying over the loss for two years , Congress intended to give relief to persons engaged in an ...
... deduction is sought forms a taxpayer's principal trade or business , it is required that his activities shall be ... deductions and carrying over the loss for two years , Congress intended to give relief to persons engaged in an ...
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Common terms and phrases
Ackerson additional assessment additional tax agreement Alien Property Custodian alleged allowed amount Anderson application approved April attorney August Board of Tax bonds breech bolt breechblock certificate of overassessment charter Chickasaw Nations Choctaw and Chickasaw Choctaw Nation claim for refund Coke Company collector Commissioner of Internal consolidated return contract cost Court decedent December deduction defendant deficiency Delaware Delaware corporation determined entitled to recover executor findings of fact Foundation Company Frank E Government Herman Levi income and profits income tax interest Internal Revenue January Judge June June 15 Levi loss March March 15 ment Mississippi Choctaws Mound City October overpayment payment petition plaintiff plaintiff filed prior profits tax propellers received Reporter's Statement Revenue Act sear shares standing type Stat statute of limitation synchronizing gears Tax Appeals tax liability tax return taxable taxpayer thereof tion tribes trust type and forms United waiver
Popular passages
Page 612 - No gain or loss shall be recognized if property held for productive use in trade or business or for investment (not including stock in trade or other property held primarily for sale, nor stocks, bonds, notes, choses in action, certificates of trust or beneficial interest, or other securities or evidences of indebtedness or interest) is exchanged solely for property of a like kind to be held either for productive use in trade or business or for investment.
Page 143 - But no such damages shall be adjusted and paid until thoroughly examined and passed upon by the Commissioner of Indian Affairs and the Secretary of the Interior...
Page 612 - February 28, 1913. shall be the cost of such property; except that — "(6) Tax-free exchanges generally. — If the property was acquired upon an exchange described In section 112 (b) to (e), Inclusive, the basis shall be the same as In the case of the property exchanged, decreased In the amount of any money received by the taxpayer...
Page 356 - ... (1) In the case of the liability of an initial transferee of the property of the taxpayer,— within one year after the expiration of the period of limitation for assessment against the taxpayer...
Page 423 - ... (2) Other automobiles and motorcycles (including tires, inner tubes, parts, and accessories therefor, sold on or in connection therewith or with the sale thereof), except tractors, 5 per centum...
Page 359 - ... (g) An order of the Commission to cease and desist shall become final (1) Upon the expiration of the time allowed for filing a petition for review, if no such petition has been duly filed within such time...
Page 50 - It is never the object of those laws to grant a monopoly for every trifling device, every shadow of a shade of an idea which would naturally and spontaneously occur to any skilled mechanic or operator in the ordinary progress of manufactures.
Page 409 - ... unforeseeable causes beyond the control and without the fault or negligence of the Contractor, including, but not restricted to, acts of God, or of the public enemy, acts of the Government...
Page 531 - Court from a circuit court of appeals or the Court of Appeals of the District of Columbia...
Page 376 - ... shall ascertain the facts and the extent of the delay and extend the time for completing the work when in his judgment the findings of fact justify such an extension, and his findings of fact thereon shall be final and conclusive on the parties hereto...