...Rep. 136; Doyle v. Mitchell Bros. Co. 247 US 179, 185, 62 L. ed. 1054, 1059, 38 Sup. Ct. Rep. 467) : "Income may be defined as the gain derived from capital, from labor, or from both combined," provided it be understood to include profit gained through a sale or conversion of capital assets,...

...the Supreme Court before it abandoned the attempt — the Eisner v. Macomber 2 definition of "income" as "the gain derived from capital, from labor, or from both combined" — spoke of "gain derived from capital" and not "capital gain." Consequently, when Congress in the...

...the Supreme Court before it abandoned the attempt — the Eisner v. Macomber 2 definition of "income" as "the gain derived from capital, from labor, or from both combined" — spoke of "gain derived from capital" and not "capital gain." Consequently, when Congress in the...

...to the succinct definition adopted in two cases arising under the Corporation Tax Act of 1909 * * *. "Income may be defined as the gain derived from capital, from labor, or from both combined," provided it be understood to include profit gained through a sale or conversion of capital assets *...

...distinguishing realized gain from capital, the Supreme Court in Eisner v. Macomber" characterized income as "the gain derived from capital, from labor, or from both combined,' * * *." 15 5 Railroad Retirement Act of 1935. c. 812. f 10. 49 Stat. 967, 973 — "No annuity payment...

...distinguishing realized gain from capital, the Supreme Court in Einner v. Macomber 14 characterized income as "the gain derived from capital, from labor, or from both combined,' * * *." 15 s Railroad Retirement Act of 19.15. c. 812. i 10. 49 Stat. 987. 973— "No annuity payment...

...the succinct definition adopted in two cases arising under the ' Corporation Tax Act of 1909 * * *. "Income may be defined as the gain derived from capital, from labor, or from both combined," provided it be understood to include profit gained through a sale or conversion of capital assets *...

...exempted." The Court also said that the characterization of income in Eisner v. Macomber, 252 US 189, as "the gain derived from capital, from labor, or from both combined" is not a definitive answer to all questions regarding gross income. According to the Court in the Glenshaw...

...scope of the power of Congress tt: tax as expanded by the Sixteenth Amendment, said that "income maj be defined as the gain derived from capital, from labor, or from botli combined." Eisner v. Macomber, 252 US 189. Congress, in th< exercise of its power under the Sixteenth...

...its definition which had been formulated in earlier cases, and was stated at this time at page 207, "Income may be defined as the gain derived from capital from labor, or from both combined, provided it be understood to include profit gained through a sale or conversion of capital assets..."...