 There shall be allowed as a depreciation deduction a reasonable allowance for the exhaustion, wear and tear (including a reasonable allowance for obsolescence) — ( 1 ) Of property used In the trade or business, or (2) Of property held for the production...  United States Code - Էջ 5027United States - 1965Ամբողջությամբ դիտվող - Այս գրքի մասին
 | United States. Court of Claims, Audrey Bernhardt - 1955 - 1002 էջ
...provides: [In computing net income there shall be allowed as deductions:] "Depreciation. — A reasonable allowance for the exhaustion, wear and tear (Including...business, or (2) of property held for the production of Income." •Section 23 (f) provides: [In computing net Income there shall be allowed as deductions:]... | |
 | United States. Federal Power Commission - 1957 - 1082 էջ
...Depreciation, as it appears in the Internal Revenue Code of 1954, provides, in pertinent part, as follows : (1) of property used in the trade or business, or...ending after December 31, 1953, the term "reasonable allowance1' as used In subsection (a) shall include (but shall not be limited to) an allowance computed... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1944 - 336 էջ
...worthlessness of which is incurred in the taxpayer's trade or business. (l) DEPRECIATION. — A reasonable allowance for the exhaustion, wear and tear (including...business, or (2) of property held for the production of income. In the case of property held by one person for life with remainder to another person, the deduction... | |
 | United States, Walter Elbert Barton - 1944 - 1286 էջ
...applicable to taxable years beginning after Dec. 31, 1941. Sec. 23. (1) Depreciation. — A reasonable allowance for the exhaustion, wear and tear (including...the trade or business, or (2) of property held for production of income. In the case of property held by one person for life with remainder to another... | |
 | United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 էջ
...§ 123 (a) (2)) inserts "paragraph (2). of" before "subsection". (1) DEPRECIATION. — A reasonable allowance for the exhaustion, wear and tear (including...business, or (2) of property held for the production of income. In the case of property held by one person for life with remainder to another person, the deduction... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 428 էջ
...worthlessness of which is incurred in the taxpayer's trade or business. (1) DEPRECIATION. — A reasonable allowance for the exhaustion, wear and tear (including...business, or (2) of property held for the production of income. In the case of property held by one person for life with remainder to another person, the deduction... | |
 | United States. Tax Court - 1946 - 1804 էջ
...: • «•»•«• (1) DEPRECIATION. — A reasonable allowance for the exhaustion, wear and tew (including a reasonable allowance for obsolescence)...business, or (2) of property held for the production of Income. * * * However, even assuming that petitioner is in all respects otherwise entitled to an allowance... | |
 | 1971 - 744 էջ
...obligation Issued by a corporation. § 1.167 (a) Statutory provisions; depreciation; general rule. SBC. 167. Depreciation — (a) General rule. There shall...business, or (2) Of property held for the production of Income. § 1.167 (a)— 1 Depreciation in general. (a) Reasonable allowance. Section 167 (a) provides... | |
 | 1971 - 1474 էջ
...obligation Issued by a corporation. § 1.167(a) Statutory provisions; depreciation ; general rule. SEC. 167. Depreciation — (a) General rule. There shall...business, or (2) Of property held for the production of Income. § 1.167(a)— 1 Depreciation in general. (a) Reasonable allowance. Section 167 (a) provides... | |
 | 1966 - 1826 էջ
...obligation Issued by a corporation. § 1.167(n) Statutory provisions; depreciation ; general rule. SEC. 167. Depreciation — (a) General rule. There shall...business, or (2) Of property held for the production of income. § 1.167 (a)— 1 Depreciation in general. (a) Reasonable allowance. Section 167 (a) provides... | |
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