 | United States. Internal Revenue Service - 1959 - 1390 էջ
...section Oil shall be the percentage, specified in subsection (b), of the gross income from the property, the calendar year. Unless such a disclosure is made the record owner percent of the taxpayer's taxable income from the property (computed without allowance for depletion).... | |
 | United States. Tax Court - 1961 - 1178 էջ
...limestone • • • 15 per centum, • • • • ••••• • of the gross Income from tbe property during the taxable year, excluding from such...respect of the property. Such allowance shall not exceed 60 per centum of the net Income of the taxpayer (computed without allowance for depletion) from the... | |
 | 1961 - 566 էջ
...section 611 shall be the percentage, specified in subsection (b), of the gross income from the property excluding from such gross income an amount equal to...of the property. Such allowance shall not exceed 50 percent of the taxpayer's taxable income from the property (computed without allowance for depletion).... | |
 | United States. Tax Court - 1961 - 1188 էջ
...interpretation specified ID subsection (b), of the gross Income from the property excluding from Buch gross income an amount equal to any rents or royalties...of the property. Such allowance shall not exceed 50 percent of the taxpaycr'K taxable Income from the property (computed without allowance for depletion).... | |
 | United States. Tax Court - 1956 - 1226 էջ
...27*4 per centum of the gross Income from the property during the taxable year, excluding from Rucb gross Income an amount equal to any rents or royalties...no case shall the depletion allowance under section 23 (m) be less than It would be if computed without reference to this paragraph. tioner contend otherwise.... | |
 | United States. Tax Court - 1948 - 1184 էջ
...— In the case of oil and gas wells the allowance for depletion under section 23 (m) shall be 27% per centum of the gross Income from the property during...Incurred by the taxpayer In respect of the property. • • • * In the form effective prior to October, 1944, the text was as follows : "(f) 'Gross Income... | |
 | United States. Tax Court - 1956 - 1170 էջ
...mines, 5 per centum, * * • of the gross Income from tie property during the taxable year, • • •. Such allowance shall not exceed 50 per centum of the...no case shall the depletion allowance under section 23 (m) be less than It would be If computed without reference to this paragraph. 29.23 (m)-l (g) of... | |
 | United States. Tax Court - 1949 - 1378 էջ
...of the gross Income from the property during the taxable year, excluding from such gross Income ao amount equal to any rents or royalties paid or Incurred...not exceed 50 per centum of the net Income of the taxpayei (computed without allowance for depletion) from the property, except that In no case shall... | |
| |
In the case of oil and gas wells the allowance for depletion under section 23 (m) shall be 27 '/2 per centum of the gross Income from the property during the taxable year, excluding from such gross Income an amount equal to any rents or royalties paid... 
