 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...  Internal Revenue Cumulative Bulletin - Page 479by United States. Internal Revenue Service - 1981Full view - About this book
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...for obsolescence; (9) In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable allowance for depletion and for depreciation...reasonable allowance in all cases to be made under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In... | |
 | John F. Sherwood - 1925 - 206 pages
...for obsolescence; (9) In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable allowance for depletion and for depreciation...reasonable allowance in all cases to be made under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...j2" SEC. 234. (a) (9) In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable allowance for depletion and for depreciation...according to the peculiar conditions in each case, based upon cost including cost of development not otherwise deducted : Provided, That in the case of... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...for obsolescence; (9) In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable allowance for depletion and for depreciation...reasonable allowance in all cases to be made under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...Secretary. (1) Depletion. — In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable allowance for depletion and for depreciation...reasonable allowance in all cases to be made under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In... | |
 | Eric Louis Kohler - 1927 - 618 pages
...of the Secretary: (9) In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable allowance for depletion and for depreciation...reasonable allowance in all cases to be made under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In... | |
 | United States. Board of Tax Appeals - 1927 - 1530 pages
...in the following language : In case of mines, oil and gas wells, other natural deposits, and timber, a reasonable allowance for depletion and for depreciation...according to the peculiar conditions in each case, based upon cost Including cost of development not otherwise deducted. •• . • • . • .: , •... | |
 | United States. Congress. House. Committee on Ways and Means - 1927 - 1034 pages
...right along year after year but not paying a cent of income tax. UEVENI.'E BE VISION, 1927-28 ber, a reasonable allowance for depletion and for depreciation...according to the peculiar conditions in each case." In the case of a mine, if the principles as laid down for accounting in a continu ng industry were... | |
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