170
72d CONGRESS . SESS . I. CH. 209. JUNE 6,1932 . REVENUE ACT Or 1932. Net in come comput . ed, p. 178. Credits against tax, p. 185. Accounting, p. 185. pa y- PART II-COMPUTATION OF NET INC OME Sec. 21 . Net income. See. 22 . Gross income . See. 23 . Deductions from gross income. See. 24 . Items not deductible . Sec . 2 5 . Credits of i ndividual agains t net income . See: 26
- Cr edits
of corpo ratio n ag ainst net inco me . PAR T II I-CR EDIT S AG AINS T TAx See.31 . Taxes of for eign coun tries and poss essio ns o f Uni ted State s . See. 32 . Taxes wit hh eld at source . Sec . 83. Erron eous p ayments . PART IV-ACCOUNTING PERIODS AND METHODS Or ACCOUNTING See.41 . Gen eral rule . See . 42. Period in which items of g ross income included . See . 43. Period for which dedu ction s and cre dits taken . See. 44. Installment basis . See . 45. Allocation of income and deductions . See . 46. Change of ac cou nt ing period . Sec. 47. Returns for a period of less t han twelve month s . See. 48. Definitions. Returns and ment, p . 188.
PART V-RETURNS AND PAYMENT OF TAX Sec. 51 . Individual returns . See. 52 . Corporation retur ns . Sec. 53 . Time and place for filing returns. Sec. 54. Records and special returns . See. 55 . Publicity of returns . Sec . 56. Payment of tax . Sec. 57 . Examination of return and dbtermination of tax. See. 58 . Additions to tax and penalties . See . 5 9 . Administrative proceedings . Miscellaneous provi- sions, p. 190. See . 61. Laws made applicable . Sec. 62 . Rules and regulations. Sec. 63 . Taxes in lieu of taxes under 1 928 Act . Effectivedate,p .191, Sec. 65. Effective date of title. Supplemental provi- sions, p. 191. Rates of tax, p .191 .
SUPPLEMENT A-RATES OF TAB Sec . 101 . Capita l net gains and losses . Sec. 102 . Sale of mines and oil or gas wells . Sec. 103. Exemptions from ta x' on corporations. See . 104 . Accumulation of surplus to evade surtaxes. Sec . 105 . Taxable period embr acing years with different laws . Net income compnt- ed, p. 195.
SUPPLEMENT B-COMPUTATION OF NET INCOME Credits against tax, p.211. Retu rns and pay . ment, p. 213 . PART VI- MISC ELLA NEOU S PR OVIS IONS SUBTITLE C-SUPPLEMENTAL PROVISIONS Sec . 111 . Determination of amount of gain or loss . Sec. 112. Recognition of gain or loss. Se c . 11 3 . Adjust ed basis for det ermining gain or loss. Sec. 114. Basis for depreciation and depletion . See. 115. Distributions by corporations . Sec . 116 . Exclusions from gross income. Sec. 117. Net losses. Sec. 11 8 . Loss from wash sales of s tock or securiti es . See. 119. Income from sources within United States . See. 120. Unlimited deduction for chari table and othe r contributions. SUPPLEMENT C-CREDITS A GAINST TAx Sec. 131. Taxes of foreign countrie s and possession s of United Stat es . Sec. 132 . Pay men ts under 1 928 Act . SUPPLEMENT D-RETURNS AND PAYMENT Or TAx Sec. 1 4 1 . Consolida ted returns of c orporations . See. 142. Fiduciary returns. Sec. 143. Withholding of tax at source. Sec. 144. Payment of corporation income tax at source . See. 145. Penalties . Sec. 146. Closing by Commissioner of taxable year . Sec. 14 7 . In form ation at sourc e . Sec. 148. Inf orm at ion by corporations . See. 149. Returns of brok ers . See. 150. Collection of foreign items . Estates and tru sts,
S UPP LEM ENT E-ESTATES AND TRUST$ p. 219 . Sec. 161 . Imposition oftax. Sec. 182. Net Income . Sec. 168. Credits against net inco me . Sec. 164 . Different taxable years . Sec. 166. Employees' trusts . See . 166 . Revocable trusts . Sec . 167 . Income fo r benefit of gra ntor . Sec. 16 8 . Cap ita l net gains and losses . Sec. 169. Net losses. Sec . 170 . Taxes of foreign count ries and possess ions of United S tates .
