It may not be used in computing a net short- term capital loss carry-over for a second succeeding taxable year. Applying the above rules to the years in question, it will be seen that in 1938 the taxable income is limited to the net income ofanbsp;...
|Title||:||C. P. A. law questions and answers, 1935-1941|
|Author||:||American Institute of Accountants. Board of examiners, John Charles Teevan, United States|