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" In the case of mines, oil and gas wells, other natural deposits, and timber, there shall be allowed as a deduction In computing taxable Income a reasonable allowance for depletion and for depreciation of Improvements, according to the peculiar conditions... "
United States Code - Página 5187
por United States - 1965
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volumen451

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1982 - 1050 páginas
...of their interest in a wasting asset, the mineral in place. 1 This case presents the question 1 "§ 611. Allowance of deduction for depletion "(a) General...made under regulations prescribed by the Secretary. . . ." 26 U. 8. C. §611 (a). "§613. Percentage depletion "(a) General Ride "In the case of the mines,...
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United States Reports: Cases Adjudged in the Supreme Court, Volumen308

United States. Supreme Court - 1940 - 894 páginas
...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...reasonable allowance in all cases to be made under rules and regulations to be prescribed by the Commissioner, with the approval of the Secretary. . ....
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Regulations 65 Relating to the Income Tax Under the Revenue Act of 1924

United States. Internal Revenue Service - 1924 - 396 páginas
...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...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...
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Questions and Answers on Federal Tax Laws: Based on Revenue Act of 1924 and ...

Irving Bank-Columbia Trust Company - 1925 - 152 páginas
...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...
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Income Tax Accounting

John F. Sherwood - 1925 - 206 páginas
...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...
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Federal Income and Estate Tax Laws: Correlated and Annotated, Being a ...

Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 páginas
...1918. SEC. 234. (a) (8) 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 the...
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Cases on Federal Taxation, Volumen1

Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 páginas
...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...
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Federal Income Taxes, 1927

Eric Louis Kohler - 1927 - 618 páginas
...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...
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Report of the Joint Committee on Internal Revenue Taxation, Volúmenes1-3

United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 páginas
...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...
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United States Code Annotated

United States - 1928 - 1164 páginas
...and depreciation. (8) 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 the...
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