| United States. Internal Revenue Service - 1919 - 168 pages
...physical property, it may be taken into account in determining a reasonable allowance for depreciation. The cost of drilling nonproductive wells may, at the...of the operator, be deducted from gross income as an operating expense or charged to capital sum returnable through depletion and depreciation as in... | |
| Prentice-Hall Inc, Prentice-Hall, inc - 1919 - 640 pages
...physical property, it may be taken into account in determining a reasonable allowance for depreciation. The cost of drilling: nonproductive wells may at the...option of the operator be deducted from gross income as an operating expense or charged to capital accounts returnable through depletion and depreciation as... | |
| Henry Montefiore Powell - 1919 - 708 pages
...physical property it may be taken into account in determining a reasonable allowance for depreciation. The cost of drilling non-productive wells may at the...option of the operator be deducted from gross income as an operating expense or charged to capital account returnable through depletion and depreciation as... | |
| George Edwin Holmes - 1919 - 1048 pages
...physical property, it may be taken into account in determining a reasonable allowance for depreciation. The cost of drilling nonproductive wells may at the...option of the operator be deducted from gross income as an operating expense or charged to capital accounts returnable through depletion and depreciation as... | |
| United States. Bureau of Internal Revenue - 1920 - 346 pages
...physical property it may be taken into account in determining a reasonable allowance for depreciation. The cost of drilling nonproductive wells may at the...option of the operator be deducted from gross income as an operating expense or charged to capital account returnable through depletion and depreciation as... | |
| United States. Bureau of Internal Revenue - 1921 - 778 pages
...physical property it may he taken into account in determining a reasonable allowance for depreciation. The cost of drilling nonproductive wells may at the...option of the operator be deducted from gross income as an operating expense or charged to capital account returnable through depletion and depreciation as... | |
| United States. Internal Revenue Service - 1921 - 348 pages
...physical property it may be taken into account in determining a reasonable allowance for depreciation. The cost of drilling nonproductive wells may at the...option of the operator be deducted from gross income as an operating expense or charged to capital account returnable through depletion and depreciation as... | |
| Robert Hiester Montgomery - 1920 - 1320 pages
...physical property it may be taken into account in determining a reasonable allowance for depreciation. The cost of drilling nonproductive wells may at the...option of the operator be deducted from gross income as an operating expense or charged to capital account returnable through depletion and depreciation as... | |
| United States. Internal Revenue Service - 1931 - 502 pages
...building of pipe lines, and development of the property may at the option of the taxpayer be deducted as a development expense or charged to capital account returnable through depletion. If in exercising this option the taxpayer charges these incidental expenses to capital account, in... | |
| United States. Court of Claims - 1932 - 928 pages
...building of pipe lines, and development of the property may, at the option of the taxpayer, be deducted as a development expense or charged to capital account returnable through depletion. It is provided, however, that if in the exercise of this option a taxpayer charges these incidental... | |
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