 | United States. Bureau of Internal Revenue - Income tax - 1921 - 778 pages
...further provides that in computing net income no deduction shall in any case 1'f allowed in respect of any amount paid out for new buildings, or for permanent...made to increase the value of any property or estate. It follows that this claim for deduction, in the sum of !?94,275.03, or any 1'iirt thereof, can not... | |
 | National Tax Association - Corporations - 1921 - 76 pages
...no deduction shall in any case be allowed in respect of : (a) Personal, living or family expenses; (b) Any amount paid out for new buildings or for permanent improvements or betterments, made to increase the value of any property used in the trade or business ; (c) Any amount expended in restoring property... | |
 | Louisiana (State). Assessment and Taxation Commission - Taxation - 1921 - 294 pages
...no deduction shall ir. any case be allowed in respect of: (a) Personal, living or family expenses; (b) Any amount paid out for new buildings or for permanent improvements or betterments, made to increase the value of any property used in the trade or business; (c) Any amount expended in restoring property... | |
 | United States - Law - 1921 - 642 pages
...etc., ex- /.\*'-r» i i« . » *M peuses. (1) Jrersonal, living, or family expenses; mmS*^ improve" (2) Any amount paid out for new buildings or for permanent improvements or betterments made to increase the value of any Restoring exhausted property or estate; property. (3) Any amount expended in restoring... | |
 | United States. Bureau of Internal Revenue - Income tax - 1921 - 772 pages
...— COST OF NEW BUILDINGS. ' No deduction as expenses is allowed by the law in any case in respect of any amount paid out for new buildings, or for permanent improvements or betterments umdu to increase the value of any property or estate. TREASURY DEPARTMENT, OFFICE OF COMMISSIONER OF... | |
 | James Hinton Pou - Corporation law - 1922 - 1032 pages
...The following items -are not deductible from gross incomes: (a) Personal living or family expenses. (b) Any amount paid out for new buildings or for permanent...made to increase the value of any property or estate. (c) Any amount expended in restoring property for which an allowance is or has been made. (d) Premiums... | |
 | Newfoundland - Session laws - 1922 - 320 pages
...carried on by the taxpayer, when the taxpayer is directly or indirectly a beneficiary under such policy; (b) any amount paid out for new buildings or for permanent...made to increase the value of any property or estate; (c) any amount expended in restoring property or in making good the exhaustion thereof, for which an... | |
 | United States - Law - 1922 - 1028 pages
...deduction shall in any case be allowed in respect of — (1) Personal, living, or family expenses; (2) Any amount paid out for new buildings or for permanent...made to increase the value of any property or estate ; (3) Any amount expended in restoring property or in making good the exhaustion thereof for which... | |
 | United States - Law - 1922 - 756 pages
...local benefits of a kind tending to increase the value of the property assessed, and not including any amount paid out for new buildings, or for permanent improvements or betterments made to increase the value of any property. The deduction allowed by this paragraph shall be allowed in the case of... | |
 | Emerson Emanuel Rossmoore - Income tax - 1922 - 592 pages
...local benefits of a kind tending to increase the value of the property assessed, and not including any amount paid out for new buildings, or for permanent improvements or betterments made to increase the value of any property. The deduction allowed by this paragraph shall be allowed in the case of... | |
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Any amount paid out for new buildings or for permanent improvements or betterments made to increase the value of any property or estate... 
