 | United States - 1965 - 1110 pages
...1954, ch. 736, 68A Stat. 33.) § 111. Recovery of bad debts, prior taxes, and delinquency amounts. (a) General rule. Gross income does not include income...Definitions. For purposes of subsection (a) — (1) Bad debt. §107 Раке 5003 {112 which a deduction was allowed for a prior taxable year. (2) Prior tax. The... | |
 | United States - 1953 - 1744 pages
...of Title 11, Bankruptcy. Page 3286 (12) Recovery of bad debts, prior taxes, and delinquency amounts. the Secretary may by regulations prescribe, For the purposes of this paragraph: (A) Definition of bad debt The term "bad debt" means a debt on... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1944 - 336 pages
...improvements made by the lessee; (12) RECOVERY OF BAD DEBTS, PRIOR TAXES, AND DELINQUENCY AMOUNTS. — Income attributable to the recovery during the taxable...exclusion with respect to such debt, tax, or amount. For the purposes of this paragraph: (A) Definition of Bad Debt. — The term "bad debt" means a debt... | |
 | United States, Walter Elbert Barton - 1944 - 1286 pages
...after Dec. 31, 1939. Sec. 22. (b) (12) Recovery of bad debts, prior taxes, and delinquency amounts. — Income attributable to the recovery during the taxable...delinquency amount, to the extent of the amount of tJie recovery exclusion with respect to such debt, tax, or amount. For the purposes of this paragraph:... | |
 | United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 pages
...improvements made by the lessee; (12) RECOVERY OF BAD DEBTS, PRIOR TAXES, AND DELINQUENCY AMOUNTS. — Income attributable to the recovery during the taxable...exclusion with respect to such debt, tax, or amount. For the purposes of this paragraph: (A) Definition of Bad Debt. — The term "bad debt" means a debt... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 428 pages
...improvements made by the lessee; (12) KECOVERY OF BAD DEBTS, PRIOR TAXES, AND DELINQUENCY AMOUNTS. — Income attributable to the recovery during the taxable...exclusion with respect to such debt, tax, or amount. For the purposes of this paragraph: (A) Definition of Bad Debt. — The term "bad debt" means a debt... | |
 | United States. Tax Court - 1947 - 1642 pages
...*••••• (12) RECOVERY OF BAD MEUTS, PRIOR TAXES, AND DELINQUENCY AMOUNTS. — Income attribntable to the recovery during the taxable year of a bad debt,...exclusion with respect to such debt, tax, or amount. For the purposes of this paragraph : • *••»•• (D) Definition of Recovery Exclusion. —... | |
 | United States. Tax Court - 1947 - 1414 pages
...TAXES, AND DELINQUENCY AMOUNTS. — Income attributable to the recoyery during the taxable year of a had debt, prior tax, or delinquency amount, to the extent...exclusion with respect to such debt, tax, or amount. For the purposes of this paragraph : • **•••• (D) Definition of Recovery Exclusion. — The... | |
 | 1966 - 658 pages
...delinquency amounts. SEC. 111. Recovery of bad debts, prior taxes, and delinquency amounts — (a) General rule. Gross Income does not Include income...debt" means a debt on account of the worthlessness or 51^041 — 66 § 1.111-1 partial worthlessness of which a deduction was allowed for a prior taxable... | |
 | 1966 - 1826 pages
...delinquency amounts. SEC. 111. Recovery of bad debts, prior taxes, and delinquency amounts — (a) General rule. Gross income does not Include income...debt" means a debt on account of the worthlessness or 51-041§ 1.111-1 partial worthlessness of which a deduction was allowed for a prior taxable year. (2)... | |
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Gross income does not include income attributable to the recovery during the taxable year of a bad debt, prior tax. or delinquency amount, to the extent of the amount of the recovery exclusion with respect to such debt, tax, or amount. (b) Definitions.... 
