...affected, and the amount of tax due upon such redetermination, If any, shall be paid by the taxpayer upon notice and demand by the collector, or the amount...taxpayer in accordance with the provisions of section 322. * « * It is not disputed in this proceeding that in cases properly cognizable under section 131...

...affected, and the amount of tax due upon such redeterminatlon, If any, shall be paid by the taxpayer upon notice and demand by the collector, or the amount...taxpayer In accordance with the provisions of section 322. In the case of such a tax accrued but not paid, the Commissioner as a condition precedent to the...

...the taxable vears here involved. 1 SEC. 23. DEDUCTIONS FROM GROSS INCOME. (m) DEPLETION. — In the case of mines, oil and gas wells, other natural deposits,...for depletion and for depreciation of improvements, accordins to the peculiar conditions in each case; such reasonable allowance in all cases to be made...

...redetermination, if any, shall be paid by the taxpayer on notice and demand by the district director ble by the laws of the jurisdiction, whether within...or without the United States, under which the estat section 6511 of the Code. Section 651 1 (d) (3) (A) of the Code provides that if the claim for credit...

...Section 611 provides that there shall be allowed as a deduction in computing taxable income in the case of mines, oil and gas wells, other natural deposits,...and timber, a reasonable allowance for depletion. In the case of standing timber, the depletion allowance shall be computed solely upon the adjusted...

...improvements. Section 23 (m) provides that there shall be allowed as a deduction in computing net income in the case of mines, oil and gas wells, other natural deposits,...for depletion and for depreciation of improvements. Section 114 prescribes the bases upon which depreciation and depletion are to be allowed. Under such...

...redetermination, if any, shall be paid by the taxpayer on notice and demand by the Secretary or his delegate, or the amount of tax overpaid, if any, shall be credited or refunded to the taxpayer in accordance with subchapter B of chapter 66 (sec. 6511 and following). In the case of such a tax accrued but not paid,...

...redeterminatlon, if any, shall be paid by the taxpayer on notice and demand by the Secretary or his delegate, or the amount of tax overpaid, if any, shall be credited or refunded to the taxpayer in accordance with subchaptor B of chapter 66 (sec. 6511 and following) . In the case of such a tax accrued but not paid,...

...Section 611 provides that there shall be allowed as a deduction in computing taxable income in the case of mines, oil and gas wells, other natural deposits,...and timber, a reasonable allowance for depletion. In the case of standing timber, the depletion allowance shall be computed solely upon the adjusted...

...Section 611 provides that there shall be allowed as a deduction in computing taxable income in the case of mines, oil and gas wells, other natural deposits,...and timber, a reasonable allowance for depletion. In the case of standing timber, the depletion allowance shall be computed solely upon the adjusted...