 | United States. Court of Claims, Audrey Bernhardt - 1958 - 966 pages
...to discovery value or a percentage of income ; (C) in respect of any period prior to March 1, 1913, for exhaustion, wear and tear, obsolescence, amortization, and depletion, to the extent sustained ; ***** SEC. 114. Basis for depreciation and depletion — (a) Basis for depreciation. The... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...gain will be $4,000. The cost or other basis must also be decreased by the amount of the deductions for exhaustion, wear and tear, obsolescence, amortization, and depletion to the extent such deductions have in respect of any period since February 28,1913, been allowed (but such decrease... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...to discovery value or a percentage of income ; (C) in respect of any period prior to March 1, 1913, for exhaustion, wear and tear, obsolescence, amortization, and depletion, to the extent sustained ; (D) In the case of stock (to the extent not provided for in the foregoing subparagraphs)... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...to discovery value or a percentage of income; (C) in respect of any period prior to March 1, 1913, for exhaustion, wear and tear, obsolescence, amortization, and depletion, to the extent sustained; (D) in the case of stock (to the extent not provided for in the foregoing subparagraphs... | |
 | United States. Congress. Senate. Committee on Finance - 1939 - 780 pages
...for the taxable year or prior taxable years ; (B) in respect of any period since February 28, 1913, for exhaustion, wear and tear, obsolescence, amortization, and depletion, to the extent allowed (but not less than the amount allowable) under this chapter or prior income tax laws. Where for any... | |
 | United States. Congress. Senate. Committee on Finance - 1938 - 768 pages
...basis for determining gains and loss states, as regards depreciation, that the costs shall be adjusted "for exhaustion, wear and tear, obsolescence, amortization, and depletion to the extent allowed (but not less than the amount allowable) under this act or prior income-tax laws." The -'.1oker" in... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 pages
...to discovery value or a percentage of income; (C) in respect of any period prior to March 1, 1913, for exhaustion, wear and tear, obsolescence, amortization, and depletion, to the extent sustained ; corporation under the provisions of the Revenue Act of 1918, Feb. 24, 1919, c. 18, 40 Stat.... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1938 - 348 pages
...to discovery value or a percentage of income ; (0) in respect of any period prior to March 1, 1913, for exhaustion, wear and tear, obsolescence, amortization, and depletion, to the extent sustained; (D) in the case of stock (to the extent not provided for in the foregoing subparagraphs... | |
 | United States. Board of Tax Appeals - 1939 - 1380 pages
...In all cases be made — «•••••• (B) In respect of any period since February 28, 1913, for exhaustion, wear and tear, obsolescence, amortization, and depletion, to the extent allowed (but not leas than the amount allowable) under this Act or prior Income tax laws. • * • 'SEC. 117.... | |
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... (B) in respect of any period since February 28, 1913, for exhaustion, wear and tear, obsolescence, amortization, and depletion, to the extent allowed, but not less than the amount allowable, under this Act or prior income tax laws... 
