 To constitute receipt in such a case the income must be credited or set apart to the taxpayer without any substantial limitation or restriction as to the time or manner of payment or condition upon which payment is to be made, and must be made available...  Prentice-Hall Tax Service for 1919 (Classic Reprint) - Page 273by Prentice-Hall Inc, Prentice-Hall, inc - 1919 - 424 pagesFull view - About this book
 | United States. Court of Claims - Law reports, digests, etc - 1930 - 854 pages
...received such amount when the account may be drawn upon by him at any time and there was no substantial limitation or restriction as to the time or manner...payment or condition upon which payment is to be made." That was exactly the situation in this case. Such sums, from the dates when they were credited on plaintiff's... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1957 - 904 pages
...so that it may be drawn at any time, and ite receipt brought within his own control and disposition. A book entry, if made, should indicate an absolute transfer from one account to another. It is the conclusion of the court that the plaintiff received no part of his fee for services performed... | |
 | Guaranty Trust Company of New York - Canada - 1919 - 664 pages
...constitute receipt it is necessary in such cases for the income to be credited without any substantial limitation or restriction as to the time or manner...payment or condition upon which payment is to be made, and where book entries are made they should indicate an absolute transfer from one account to another.... | |
 | Henry Montefiore Powell - Corporations - 1919 - 708 pages
...constitute receipt in such a case the income- nraet be credited ft> tt» tasparyer without any substantial limitation or restriction as to the time or manner of payment or condition upon which paynwnt is to be made:. A book entry-, if raacfo, should indicate an absahrte transfear from one account... | |
 | Income tax - 1920 - 188 pages
...constitute receipt in such a case the income must be credited to the taxpayer without any substantial limitation or restriction as to the time or manner...unqualifiedly subject to the demand of the taxpayer. For example, where a corporation contingently credits its employees with bonus stock, but the stock... | |
 | United States. Bureau of Internal Revenue - Income tax - 1921 - 772 pages
...constitute receipt in such a case the income must be credited to the taxpayer without any substantial limitation or restriction as to the time or manner of payment or condition upon which payment is to bi> made. In the instant case the dividend was not in money hut in stock of four corporation;;, with... | |
 | Irving National Bank, New York - 1921 - 140 pages
...actually reduced to possession. To constitute receipt the income must be credited without any substantial limitation or restriction as to the time or manner of payment, or condition upon which payment is made. A book entry, if made, should indicate an absolute transfer from one account to another. If the... | |
 | United States. Internal Revenue Service - Taxation - 1926 - 620 pages
...constitute receipt in such a case, the income must be credited to the taxpayer without any substantial limitation or restriction as to the time or manner...absolute transfer from one account to another. If income u not credited, but is set apart, such income must be unqualifiedly subject to the demand of... | |
 | Law reports, digests, etc - 1928 - 1138 pages
...taxpayer, is taxable, has declared it may only be taxed when credited to him without any substantial limitation or restriction as to the time or manner...payment or condition upon which payment is to be made. See Regulations 45, articles 11 16, inclusive. The Board of Tax Appeals, in its decision in the present... | |
 | United States. Internal Revenue Service - Taxation - 1929 - 478 pages
...taxpayer, is taxable, has declared it may only be taxed when credited to him without any substantial limitation or restriction as to the time or manner...payment or condition upon which payment is to be made. (See Regulations 45, arts. 44-46, inclusive.) The Board of Tax Appeals, in its decision in the present... | |
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