...extent depends upon the legislative policy expressed in the fair and natural meaning of that section.4 during the taxable year for the production or collection...of income, or for the management, conservation, or maintenance of property held for the production of income." (Emphasis supplied.) 53 Stat. 12, 56 Stat....

...whicn provides for the allowance as deductions of nontrade or nonbusiness expenses paid or incurred for the production or collection of income, or for the management, conservation or maintenance of property held for the production of income, where taxpayer and the Commissioner of Internal...

...excise and stamp taxes are deductible only if paid or incurred in carrying on a trade or business, or In the production or collection of income, or for the management, conservation, or maintenance at property held for the production of income. Do not include taxe« assessed against local...

...incurred during the taxable year in carrying on any trade or business, or, in the case of an individual, eted;" liquidating corporation or by the shareholder. (E) Noncorporate shareholder maintenance of property held for the production of income. (See §29.23 (a)-l.) [TD 5371, May 11, 1944,...

...the case may be, may be regarded as capital Investments. (2) Non-trade or non-business expenses. In the case of an individual, all the ordinary and necessary...of income, or for the management, conservation, or maintenance of property held for the production of income. (b) Interest. All interest paid or accrued...

...23 (a) provided by this section of the House bill allows as a deduction in computing net income : In the case of an individual, all the ordinary and necessary...of income or for the management, conservation, or maintenance of property held for the production of income. This amendment, if enacted into law. will...

...provided by this section of the House bill allows as a deduction in computing net income: In the ease of an individual, all the ordinary and necessary expenses...of income or for the management, conservation, or maintenance of property held for the production of income. This amendment, if enacted into law. will...

...of the change which is made at the bottom of page 35 and the top of page 36. That provides that in the case of an individual all the ordinary and necessary expenses paid or incurred during a taxable year for the production or collection of income, or for the management,...

...of the change which is made at the bottom of page 35 and the top of page 36. That provides that in the case of an individual all the ordinary and necessary expenses paid or incurred during a taxable year for the production or collection of income, or for the management,...

...profit, though not connected with the trade or business." 2 "Non-trade or non-business expenses. — In the case of an individual, all the ordinary and necessary...of income, or for the management, conservation, or maintenance of property held for the production of income." 3 "Trade or business. — The term 'trade...