ordinary deductions
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 293 U.S. 144 - Helvering v. Bliss · 1934Most cited · 454 citing opinions
Charitable contributions covered by section 23(n) obviously are not capital deductions as defined by section 101(c)(3), but on the contrary are 'ordinary deductions' within the meaning of section 101(c)(4).