 | United States. Supreme Court - 1940 - 894 pages
...computing net income there shall be allowed as deductions: "(1) Depletion.—In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable...according to the peculiar conditions in each case; such reasonable allowance in all cases to be made under rules and regulations to be prescribed by the... | |
 | United States. Court of Claims - 1937 - 786 pages
...imposed by section 230 there shall be allowed as deductions : ***** (9) In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable...according to the peculiar conditions in each case, based Opinion of the Court upon cost including cost of development not otherwise deducted: Provided, That... | |
 | United States. Department of Justice - 1922 - 710 pages
...tax imposed by section 230 there shall be allowed as deductions : "(9) In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable...according to the peculiar conditions in each case, based upon cost including cost of development not otherwise deducted: Provided, That in the case of such... | |
 | 1919 - 528 pages
...for obsolescence," while with respect to depletion, the law provides, In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable...according to the peculiar conditions in each case, based upon cost including cost of development not otherwise deducted; provided, That in the case of such... | |
 | Robert Hiester Montgomery - 1920 - 1304 pages
...That in computing net income there shall be allowed as deductions: .... In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable...improvements, according to the peculiar conditions in eacli case, based upon cost including cost of development not otherwise deducted : Provided, That in... | |
 | New York (State). Comptroller's Office - 1919 - 24 pages
...any foreign government. (Section 360, subdivision 3) (i) In general, in the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable...for depletion and for depreciation of improvements in the manner provided by law and according to rules and regulations to be established by the comptroller.... | |
 | 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...improvements, according to the peculiar conditions of each case, based upon cost plus cost of development • l-rorided. That in the case of such properties... | |
 | 1919 - 344 pages
...the deductions allowed In computing the Income tax are as follows: — in the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable...according to the peculiar conditions In each case, based upon cost Including cost of development not otherwise deducted: Provided, That In the case of such... | |
 | National City Company, United States - 1919 - 104 pages
...in accordance with the provisions of Section 252 (par. 195) ; 157. (9) In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable...according to the peculiar conditions in each case, based upon cost including cost of development not otherwise deducted : Provided, That in the case of such... | |
| |
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... 
