 | 1920 - 188 pages
...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...according to the peculiar conditions in each case, based upon cost including cost of development not otherwise deducted ; provided, that in the case of... | |
 | 1920 - 36 pages
...allowed was Incorrect, the taxes Imposed for the year or years affected shall be redetermined; 10. In the case of mines, oil and gas wells, other natural deposits,...according to the peculiar conditions in each case, based upon cost including cost of development not otherwise deducted: Provided, That in the case of... | |
 | George Edwin Holmes - 1920 - 1186 pages
...notice credited or refunded to the taxpayer in accordance with the provisions of section 252; (9) In the case of mines, oil and gas wells, other natural deposits,...improvements, according to the peculiar conditions in each ease, based upon cost including cost of development not otherwise deducted: Provided, That in the case... | |
 | United States - 1920 - 1054 pages
...credited or refunded to the taxpayer in accordance with the provisions of section 252 ; (9) In the case of mines, oil and gas wells, other natural deposits,...improvements, according to the peculiar conditions in cacli case, based upon cost including cost of development not otherwise deducted : Provided, That in... | |
 | United States - 1920 - 1052 pages
...provisions of section 252 ; (9) In the case of mines, oil and gas wells, other natural e^tinea- timber. the distilled spirits so commandeered; and if the compensation so determined be Lot satisfactory based upon cost including cost of development not otherwise deducted : Provided, That in the case of... | |
 | United States - 1920 - 1064 pages
...provisions of section 252 ; (9) In the case of mines, oil and gas wells, other natural et^inea' timbCT. deposits, and timber, a reasonable allowance for depletion...according to the peculiar conditions in each case, based upon cost including cost of development not otherwise deducted : Provided , That in the case... | |
 | National City Company - 1921 - 104 pages
...disposition of amortizable property, on the ground that normal conditions had not returned. 87 "(10) In the case of mines, oil and gas wells, other natural deposits,...according to the peculiar conditions in each case, based upon cost, including cost of development not otherwise deducted: Provided, That in the case of... | |
 | United States. Internal Revenue Service - 1921 - 348 pages
...credited or refunded to the taxpayer in accordance with the provisions of section 252 ; (9) In the case of mines, oil and gas wells, other natural deposits,...according to the peculiar conditions in each case, based upon cost including cost of development not otherwise deducted : Prorifled. That in tlu> case... | |
 | United States. Internal Revenue Service - 1921 - 256 pages
...his rights and interests therein. DEPRECIATION. Quotation from law. —Section 214 (a) (10) : In the case of mines, oil and gas wells, other natural deposits,...according to the peculiar conditions in each case, based upon cost including cost of development not otherwise deducted * * * shall be * * * made. Definition.... | |
 | New York (State) - 1921 - 1090 pages
...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...according to the peculiar conditions in each case, based upon cost including cost of development not otherwise deducted; provided, that in the case of... | |
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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... 
