 | Harris, Forbes & co., New York - 1919 - 164 pages
...or profits upon which income tax has been imposed by Act of Congress; (7) A reasonable allowance for the exhaustion, wear and tear of property used in...including a reasonable allowance for obsolescence ; (8) In the case of buildings, machinery, equipment, or other facilities, constructed, erected, installed,... | |
 | George Edwin Holmes - 1919 - 1052 pages
...Commissioner with the approval of the Secretary.2 In the case of corporations, the allowance is also for the exhaustion, wear and tear of property used in...trade or business, including a reasonable allowance for obsolescence,3 limited in the case of a foreign corporation as above indicated in the case of non-resident... | |
 | George Edwin Holmes - 1919 - 1048 pages
...AMORTIZATION N In the case of individuals the Revenue Act of 1918 permits a reasonable allowance for the exhaustion, wear and tear of property used in the trade or business of the individual, including a reasonable allowance for obsolescence.1 Property not used in... | |
 | Real Estate Board of New York - 1920 - 112 pages
...insurance or otherwise; (7) Debts ascertained to be worthless and charged off within the taxable year; (8) A reasonable allowance for the exhaustion, wear...including a reasonable allowance for obsolescence ; (9) In the case of buildings, machinery, equipment, or other facilities, constructed, erected, installed,... | |
 | Irving National Bank, New York - 1920 - 150 pages
...insurance or otherwise; (7) Debts ascertained to be worthless and charged off within the taxable year; (8) A reasonable allowance for the exhaustion, wear...including a reasonable allowance for obsolescence; (9) In the case of buildings, machinery, equipment, or other facilities, constructed, erected, installed,... | |
 | 1920 - 36 pages
...insurance or otherwise; 7. Debts ascertained to be worthless and charged oft within the taxable year; 8. A reasonable allowance for the exhaustion, wear...Including; a reasonable allowance for obsolescence; 9. In the case of buildings, machinery, equipment, or other facilities, constructed, erected, installed,... | |
 | 1920 - 188 pages
...insurance or otherwise. 7. Debts ascertained to be worthless and charged off within the taxable year. 8. A reasonable allowance for the exhaustion, wear...including a reasonable allowance for obsolescence. 9. In the case of mines, oil and gas wells, other natural deposits and timber, a reasonable allowance... | |
 | United States. Bureau of Internal Revenue - 1920 - 346 pages
...ALLOWED: DEPRECIATION. [SEC. 214. (a) That in computing net Income there shall be allowed as deductions:] (8) A reasonable allowance for the exhaustion, wear...including a reasonable allowance for obsolescence; ART. 161. Depreciation. — A reasonable allowance for the exhaustion wear and tear and obsolescence... | |
 | United States - 1920 - 1054 pages
...insurance or otherwise ; (7) Debts ascertained to be worthless and charged off within the taxable year; (8) A reasonable allowance for the exhaustion, wear...including a reasonable allowance for obsolescence ; (9) In the case of buildings, machinery, equipment, or other facilities, constructed, erected, installed,... | |
 | Harris, Forbes & Co., New York - 1920 - 110 pages
...the exhaustion, wear Wear and tear Depletion of mines etc. Contributions to charitable organizations and tear of 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 and timber, a reasonable allowance... | |
| |
A reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, including a reasonable allowance for obsolescence. 
