 | United States. Supreme Court - 1940 - 894 pages
...1932 provided: "In computing net income there shall be allowed as deductions: "(1) Depletion.—In the case of mines, oil and gas wells, other natural deposits,...for depletion and for depreciation of improvements, according to the peculiar conditions in each case; such reasonable allowance in all cases to be made... | |
 | United States. Court of Claims - 1937 - 786 pages
...corporation subject to the tax imposed by section 230 there shall be allowed as deductions : ***** (9) In the case of mines, oil and gas wells, other natural deposits,...for depletion and for depreciation of improvements, according to the peculiar conditions in each case, based Opinion of the Court upon cost including cost... | |
 | United States. Department of Justice - 1922 - 710 pages
...corporation subject to the tax imposed by section 230 there shall be allowed as deductions : "(9) In the case of mines, oil and gas wells, other natural deposits,...for depletion and for depreciation of improvements, according to the peculiar conditions in each case, based upon cost including cost of development not... | |
 | 1919 - 528 pages
...a reasonable allowance for obsolescence," while with respect to depletion, the law provides, In the case of mines, oil and gas wells, other natural deposits,...for depletion and for depreciation of improvements, according to the peculiar conditions in each case, based upon cost including cost of development not... | |
 | New York (State). Comptroller's Office - 1919 - 24 pages
...of the property assessed, and (3) by authority of any foreign government. (Section 360, subdivision 3) (i) In general, in the case of mines, oil and gas...regulations to be established by the comptroller. (Section 360, subdivision 9) (j) Contributions or gifts, not in excess of 15 per cent of the taxpayer... | |
 | United States. Congress. Senate. Committee on Finance - 1918 - 82 pages
...provision. This amendment has already been agreed upon by the committee: t10) ln the case of mines, oll and gas wells, other natural deposits, and timber, a reasonable...for depletion and for depreciation of improvements, according to the peculiar conditions of each case, based upon cost plus cost of development • l-rorided.... | |
 | United States. Internal Revenue Service - 1919 - 168 pages
...section 214 (a), states: That in computing net income there shall be allowed as deductions : (10) In the case of mines, oil and gas wells, other natural deposits,...for depletion and for depreciation of improvements, according to the peculiar conditions of each case, based upon cost, including cost of development not... | |
 | Harris, Forbes & co., New York - 1919 - 164 pages
...credited or refunded to the taxpayer in accordance with the provisions of section 252. (10) In the case of mines, oil and gas wells, other natural deposits,...for depletion and for depreciation of improvements, according to the peculiar conditions in each case, based upon cost including cost of development not... | |
 | Henry Montefiore Powell - 1919 - 708 pages
...property used in the trade or business, including a reasonable allowance for obsolescence. 9. In the case of mines, oil and gas wells, other natural deposits...for depletion and for depreciation of improvements, according to the peculiar conditions in each case, based upon cost including cost of development not... | |
 | Guaranty Trust Company of New York - 1919 - 664 pages
...be credited or refunded to the taxpayer hi accordance with the provisions of section 252; (9) In the case of mines, oil and gas wells, other natural deposits,...for depletion and for depreciation of improvements, according to the peculiar conditions in each case, based upon cost including cost of development not... | |
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In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable allowance for depletion and for depreciation of improvements, according to the peculiar conditions in each case... 
