CCXVIII Income Tax-Continued. Gross income-Continued. Joint-stock land banks, income from obligations and mortgages issued by------------------- § 3799 Life insurance companies __- § 202 Nonresident alien individuals - § 212 Omission from, in excess of 25% of amount properly includible, col- lection-------------- § 275 (c) Periodinwhichitems of, included § 42 Sources in the United States, items treated as ---------- § 119 (a) Sources without the United States, items treated as------ § 119 (c) Hawaii, teachers in, exclusion of com- pensation from gross income § 116 (b) Holding companies, foreign personal-_- Holding companies, personal--------- Horticultural organizations, exemption from taxation------------- § 101 Individuals-- Credits against net income --- §25 Gross income- Deductions from----------- § 23 Exclusions from -------- § 22 (b) Normal tax ---------------- § 11 Returns-------------------- §51 Surtax -------------------- § 12 Information, penalty for failure to sub- mit required ---------- § 145 (a) Information at source---------- § 147 Information returns by corporations Page 471 71 76 86 24 53 54 48 92 104 33 17 12 10 5 27 5 62 64 §148 65 Inheritance, exclusion of property re- ceived by, from gross income §22(b) Injuries, exclusion of compensation received on account of, from gross income---------------- §22(b) Installment basis, accounting -- §44 Installment payments-------- § 56 (b) Installments, overpayment of, credit of amount --------------- § 321 Insurance companies- Deduction of dividends paid on cer- tain preferred stock from gross income----------------- § 121 Foreign, other than life or mutual, special class net income of § 204 (a) Gross income, computation of_ § 206 Life- Foreign, special class net income of-------- .- -- -- -- §201 (b) Gross income of---------- § 202 Net income of----------- § 203 Tax on ----.---------- § 201 10 10 24 31 91 56 72 74 71 71 71 71 Income Tax-Continued. Insurance companies-Continued. Mutual, other than life--- § 207 Other than life or mutual --- § 204 Taxes of foreign countries and posses- sions of the United States, credit for ------------------- § 205 Interest- Deduction of, from gross income §23(b) Gross income from sources within the United States, when so treated § 119 (a) Tax-free, exclusion of, from gross income------------- §22(b) Interest and additions- Bankruptcy and receiverships- § 298 Deficiencies- Additions to the tax in case of § 293 Interest on -------------- § 292 Time extended for payment of § 296 Jeopardy assessments -------- § 297 Nonpayment, additions to the tax in case of ---------------- 294 Return, failure to file -------- § 291 Time extended for payment of tax shown on return -------- § 295 Internal Revenue Taxation, Joint Com- mittee on, inspection of returns by §55(d) Inventories to determine income of tax- payer---------------- §22(c) Investment companies, mutual ---..-- Involuntary conversion, basis of proper- ty acquired by--------- § 113 (a) Items not deductible ----------- § 24 Jeopardy, closing by Commissioner of taxable year when tax in- § 146 (a) Jeopardy assessments--------- § 273 Interest in case of---------- § 297 Joint fiduciaries, returns by_ § 142 (b) Joint-stock land banks, tax on- § 13 (f) Labor organizations, exemption from taxation---------------- § 101 Landbanks,joint-stock,taxon- § 13 (f) Laws made applicable ---------- § 61 Liability to tax, returns to determine §54(b) Life insurance, exclusion of amounts re- ceived under contract of, from gross income ------. --. . -. §22(b) Life insurance associations, benevolent, exemption from taxation of cer- tain . .... . . . - § 101 Life insurance companies- Foreign, special class net income of § 201 (b) Page 74 72 74 12 53 10 89 88 88 89 89 88 88 89 30 11 98 42 16 63 84 89 60 8 33 8 32 28 10 33 71 INDEX
�
