 | New York (State) - Session laws - 1935 - 1272 pages
...income shall be computed in accordance with the method of accounting regularly employed in keeping the books of such taxpayer; but if no such method...the computation shall be made upon such basis and in sucli manner as in the opinion of the tax commission docs clearly reflect the income. In the case of... | |
 | United States. Court of Claims - Law reports, digests, etc - 1929 - 762 pages
...accordance with the method of accounting regularly employed in keeping the books of such taxpayer; * * * or if the method employed does not clearly reflect...of the commissioner does clearly reflect the income * * *." It seems clear that the company's method of bookkeeping was calculated clearly to reflect its... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1952 - 936 pages
...year, as the case may be) in accordance with the method of accounting regularly employed In keeping the books of such taxpayer ; but if no such method...reflect the income, the computation shall be made in accordance with such method as in the opinion of the Commissioner does clearly reflect the income.... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1955 - 908 pages
...year, as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer; but if no such method...or if the method employed does not clearly reflect income, the computation shall be made in accordance with such method as in the opinion of the Commissioner... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1962 - 964 pages
...in accordance with the method of accounting regularly employed in keeping the books . . . but . . . 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 does clearly reflect the income... | |
 | Bankruptcy - 1927 - 1070 pages
...regularly employed in keeping the books of such taxpayer; but if no such method of accounting lias been go employed, or if the method employed does not clearly...the Commissioner does clearly reflect the income." Section 64 (a) of the Bankruptcy Act (Comp. St. ยง 9648), making taxes preferred claims, provides that... | |
 | Lumber - 1919 - 246 pages
...accordance with the method of accounting regularly employed in keeping the books of such taxpayer. Where no such method of accounting has been so employed,...reflect the income, the computation shall be made on such basis and in such manner as in the opinion of the Commissioner does clearly reflect the income."... | |
 | National City Company, United States - Internal revenue law - 1919 - 104 pages
...year, as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer ; but if no such method...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... | |
 | Economics - 1919 - 982 pages
...income shall be computed ... in accordance with the method of accounting regularly employed in keeping the books of such taxpayer; but if no such method...the Commissioner does clearly reflect the income." The greatest power given to him is in the section dealing with war excess profits, where he may levy... | |
 | Henry Montefiore Powell - Corporations - 1919 - 708 pages
...year as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer ; but if no such method...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... | |
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The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer; but if... 
