 | United States. Congress. Senate. Committee on Finance - 1932 - 1476 pages
...inserting the following sentence in section 23 (1) : "In any case in which it is ascertained as a result of development work that the recoverable units are...depletion) shall be revised and the allowance under this subsection for subsequent taxable years shall be based upon such revised estimate." (See p. 24 of HR... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In any case in which it is ascertained as a result...depletion) shall be revised and the allowance under this subsection for subsequent taxable years shall be based upon such revised estimate. In the case of leases... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 pages
...under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In any case in which it is ascertained as a result...depletion) shall be revised and the allowance under this subsection for subsequent taxable years shall be based upon such revised estimate. In the case of leases... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In any case in which it is ascertained as a result...depletion) shall be revised and the allowance under this subsection for subsequent taxable years shall be based upon such revised estimate. In the case of leases... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In any case in which it is ascertained as a result...depletion) shall be revised and the allowance under this subsection for subsequent taxable years shall be based upon such revised estimate. In the case of leases... | |
 | United States - 1939 - 780 pages
...under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In any case in which it is ascertained as a result...depletion) shall be revised and the allowance under this subsection for subsequent taxable years shall be based upon such revised estimate. In the case of leases... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1938 - 348 pages
...under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In any case in which it is ascertained as a result...depletion) shall be revised and the allowance under this subsection for subsequent taxable years shall be based upon such revised estimate. In the case of leases... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 pages
...made under rules and regulations to be prescribed by missioner, with the approval of the Secretary. In any case in which it is ascertained as a result...depletion) shall be revised and the allowance under this subsection for subsequent taxable years shall be based upon such revised estimate. In the case of leases... | |
 | 1940 - 1806 pages
...under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. f the contract and subject to Its provisions. The general purpose and effect being subsection for subsequent taxable years shall be based upon such revised estimate. In the case of leases... | |
 | 1941 - 1688 pages
...under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In any case in which It Is ascertained as a result...depletion) shall be revised and the allowance under this subsection for subsequent taxable years shall be based upon such revised estimate. In the case of leases... | |
| |
In any case in which it is ascertained as a result of operations or of development work that the recoverable units are greater or less than the prior estimate thereof, then such prior estimate (but not the basis for depletion) shall be revised and the... 
