Cases Decided in the United States Court of Claims ... with Report of Decisions of the Supreme Court in Court of Claims Cases, Volume 124The Court, 1953 |
From inside the book
Results 1-5 of 74
Page 6
... invested capital prorated for the taxable period , plus the specific exemption allowed by the Revenue Act of 1917 , exceeded the taxable income . 1 Findings of Fact 8. In the determination of Federal 6 TENNESSEE PRODUCTS CORPORATION.
... invested capital prorated for the taxable period , plus the specific exemption allowed by the Revenue Act of 1917 , exceeded the taxable income . 1 Findings of Fact 8. In the determination of Federal 6 TENNESSEE PRODUCTS CORPORATION.
Page 7
... allowed as deduction from income ; and ( 3 ) net operating loss for the year 1939 was allowable as a carry - over deduc- tion for the year 1940. By letter dated August 8 , 1947 , the Findings of Fact 124 C. Cls . taxpayer was notified ...
... allowed as deduction from income ; and ( 3 ) net operating loss for the year 1939 was allowable as a carry - over deduc- tion for the year 1940. By letter dated August 8 , 1947 , the Findings of Fact 124 C. Cls . taxpayer was notified ...
Page 8
... allowed as de- duction from income ; and ( 4 ) the expenditures in clearing a leased mine for operation were deductible repairs and not capital expenditures . 12. The taxpayer , on June 15 , 1942 , duly filed its corpora- tion income ...
... allowed as de- duction from income ; and ( 4 ) the expenditures in clearing a leased mine for operation were deductible repairs and not capital expenditures . 12. The taxpayer , on June 15 , 1942 , duly filed its corpora- tion income ...
Page 9
... allowed as deduction from income ; ( 5 ) the expenditures in clearing a leased mine for operation were deductible re- pairs and not capital expenditures ; ( 6 ) unused excess profits credit for the year 1940 should be carried over and ...
... allowed as deduction from income ; ( 5 ) the expenditures in clearing a leased mine for operation were deductible re- pairs and not capital expenditures ; ( 6 ) unused excess profits credit for the year 1940 should be carried over and ...
Page 10
... allowed $ 22,847.78 , leaving an additional loss to be allowed as a deduction from income for that year of $ 6,757.02 . For the year 1940 , the agreed net loss sustained from land sales was $ 2,317.35 , of which $ 2,270.79 had been ...
... allowed $ 22,847.78 , leaving an additional loss to be allowed as a deduction from income for that year of $ 6,757.02 . For the year 1940 , the agreed net loss sustained from land sales was $ 2,317.35 , of which $ 2,270.79 had been ...
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Common terms and phrases
active duty agreed agreement alleged amended amount appeal applicable April Army August certificates Cherokees Coast Guard Commissioner Congress contracting officer contractor Corporation cost Court of Claims debenture December decision defendant defendant's motion determined dismissed documents entitled to recover evidence excess profits tax executed February February 24 filed Findings of Fact foam follows furnished granted Hipkins Company Hipkins Traction Device income Indian Affairs Indian Claims Commission instant Internal Revenue issued January July June June 15 land letter Liberty tankers Liberty-type license March Maritime Commission material ment Meyer Missouri mortgage Navy November October October 28 Otho F paid parties patent Pawnees payment period plaintiff plaintiff's petition Platte prior purchase pursuant referred River Section September Ship Stat statute of limitations subcontractor subpoena duces tecum suit summary judgment tankers taxpayer tiff timber tion treaty tribes United Urquharts vessels
Popular passages
Page 36 - paid or incurred", dependent upon the method of accounting upon the basis of which the net income is computed, unless in order to clearly reflect the income the deductions or credits should be taken as of a different period.
Page 755 - In computing any period of time prescribed or allowed by these rules, by order of court, or by any applicable statute, the day of the act, event, or default after which the designated period of time begins to run is not to be included.
Page 630 - Conveyances: Deed, instrument, or writing, whereby any lands, tenements, or other realty sold shall be granted, assigned, transferred, or otherwise conveyed to, or vested in, the purchaser or purchasers, or any other person or persons, by his, her, or their direction, when the consideration or value of the interest or property conveyed, exclusive of the value of any lien or encumbrance remaining thereon at the time of sale, exceeds $100 and does not exceed $500, 50 cents; and for each additional...
Page 393 - Nebraska, or to affect the authority of the government of the United States to make any regulations respecting such Indians, their lands, property, or other rights, by treaty, law, or otherwise, which it would have been competent to the government to make if this act had never passed.
Page 13 - EQUITY INVESTED CAPITAL. (a) DEFINITION. — The equity invested capital for any day of any taxable year shall be determined as of the beginning of such day and shall be the sum of the following amounts, reduced as provided in subsection (b) — (1) MONET PAID IN.
Page 492 - CONCLUSION OF LAW Upon the foregoing special findings of fact, which are made a part of the judgment herein, the court concludes that as a matter of law the plaintiff is not entitled to recover, and the petition is therefore dismissed.
Page 58 - ... and if it has intimated its will, however indirectly, that will should be recognized and obeyed. The major premise of the conclusion expressed in a statute, the change of policy that induces the enactment, may not be set out in terms, but it is not an adequate discharge of duty for courts to say: We see what you are driving at, but you have not said it, and therefore we shall go on as before.
Page 176 - Conclusion of Law Upon the foregoing special findings of fact, which are made a part of the judgment herein, the court concludes that as a matter of law the plaintiff is not entitled to recover, and the petition is therefore dismissed.
Page 165 - If the principal shall well and truly perform and fulfill all the undertakings, covenants, terms, conditions, and agreements of said contract during the original term of said contract and any extensions thereof that may be granted by the Government, with or without notice to the surety, and during the life of any guaranty required under the contract, and shall also well and truly perform and fulfill all the undertakings, covenants, terms, conditions and agreements...
Page 436 - Any officer so retired who has over thirty years' service or any officer so retired who served in any capacity as a member of the military or naval forces of the United States prior to November 12, 1918...