 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...  State Taxation of Personal Incomes - Page 225by Alzada Comstock - 1921 - 247 pagesFull view - About this book
 | 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, and timber, a reasonable allowance for depletion and for depreciation of improvements, according to the peculiar conditions in each case; such reasonable... | |
 | 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, and timber, a reasonable allowance for depletion and for depreciation of improvements, according to the peculiar conditions in each case, based Opinion... | |
 | 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, and timber, a reasonable allowance for depletion and for depreciation of improvements, according to the peculiar conditions in each case, based upon... | |
 | 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, and timber, a reasonable allowance for depletion and for depreciation of improvements, according to the peculiar conditions in each case, based upon... | |
 | New York (State). Comptroller's Office - 1919 - 24 pages
...and (3) by authority of 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 allowance for depletion and for depreciation of improvements in the manner provided by law and according to rules and regulations... | |
 | 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 allowance for depletion and for depreciation of improvements, according to the peculiar conditions of each case, based upon... | |
 | Alabama - 1919 - 1476 pages
...property used in the trade or business, including a reasonable allowance for obsolescence, (-i) 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 based upon... | |
 | National City Company, United States - 1919 - 104 pages
...refunded to the taxpayer in accordance with the provisions of Section 252 (par. 195) ', 71. (10) 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, based upon... | |
 | George Edwin Holmes - 1919 - 1052 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, and timber, a reasonable allowance for depletion and for depreciation of improvements, according to the peculiar conditions in each case, based upon... | |
 | New York (State) - 1919 - 520 pages
...property assessed, and (3) by authority of any foreign government. § 360, subd. 3. (i) In general, in the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable allowance for depletion and for depreciation of improvements in the manner provided by law and according to rules and regulations... | |
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