 | United States. Internal Revenue Service - Tax administration and procedure - 1968 - 938 pages
...453 (b) of the Code provides that income from a sale or other disposition of real property, or from a casual sale or other casual disposition of personal...(other than property of a kind which would properly be included in inventory if on hand at the close of the taxable year) for a price exceeding one thousand... | |
 | United States. Tax Court - Law reports, digests, etc - 1954 - 1170 pages
...(b) Sales of Realty and Casual Sales of Personality t«ic]. — In the case (1) of a casual •ale or other casual disposition of personal property (other...of the taxable year), for a price exceeding $1,000, or (2) of a sale or other disposition of reaJ, 300431"— 54 12 The short answer is that the petitioner... | |
 | United States. Internal Revenue Service - Tax administration and procedure - 1956 - 1348 pages
...is subject to the allowance for depreciation. Section 453 (b) of the Code provides that income from a casual sale or other casual disposition of personal property, other than property of a kind which should properly be included in inventory, may be reported on the installment basis as provided in section... | |
 | United States. Congress. Senate. Select Committee on Small Business - 1956 - 134 pages
...or the amount collected in the year of sale. It may also be used where a casual or incidental sale of personal property (other than property of a kind which would properly be included in an inventory of the taxpayer if on hand at the close of the taxable year) is made for... | |
 | Administrative law - 1960 - 608 pages
...personalty — (1) General rule. Income from — (A) A sale or other disposition of real property, or (B) À casual sale or other casual disposition of personal...of the taxable year) for a price exceeding $1,000, may (under regulations prescribed by the Secretary or his delegate ) be returned on the basis and in... | |
 | Administrative law - 1961 - 566 pages
...personalty — (1) General rule. Income from — (A) A sale or other disposition of real property, or (B) A casual sale or other casual disposition of personal...of the taxable year) for a price exceeding $1,000, may (under regulations prescribed by the Secretary or his delegate) be returned on the basis and in... | |
 | United States. Tax Court - Law reports, digests, etc - 1963 - 1118 pages
...— (1) GENIBAL BULB. — Income from — (A) a Bale or other disposition of real property, or (B) ft casual sale or other casual disposition of personal...of the taxable year) for a price exceeding $1,000, may (under regulations prescribed by the Secretary or his delegate) be returned on the basis and In... | |
 | United States. Tax Court - Taxation - 1963 - 1190 pages
...disposition of real property, or (B) a casual sale or other casual disposition of personal property (otber than property of a kind which would properly be Included...of the taxable year) for a price exceeding $1,000, may (under regulations prescribed by the Secretary or his delegate) be returned on the basis and In... | |
 | United States. Tax Court - Taxation - 1963 - 1130 pages
...OINXBAL BULB. — Income from — (A) a inle or other disposition of real property, or (B) a cnsunl sale or other casual disposition of personal property...(other than property of a kind which would properly be Included In the Inventory of the taxpayer If on hand at the close of the unable year) for a price... | |
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... (b) Sales of realty and casual sales of personalty. — In the case (1) of a casual sale or other casual disposition of personal property (other than property of a kind which would properly be included in the inventory of the taxpayer if on hand at... 
