 | United States. Tax Court - 1956 - 1168 էջ
...INCOME. (m) DEPLETION. — In the case of mines, oil and gas wells, other natural deposits, and timber, n reasonable allowance for depletion and for depreciation...regulations to be prescribed by the Commissioner, with the approval of the Secretary. • » • For percentage depletion allowable under this subsection, gee... | |
 | United States. Tax Court - 1957 - 1126 էջ
...computing net Income there shall be allowed as deductions : • •«««•« (m) DBPLETION. — In the case of mines, oil and gas wells, other natural deposits,...regulations to be prescribed by the Commissioner, with the approval of the Secretary. • • • For percentage depletion allowable under this subsection, see... | |
 | United States. Tax Court - 1957 - 1296 էջ
...•SEC. 23. DEDUCTIONS FROM GROSS INCOME. In computing net Income there shall be allowed as deductions : (m) DEPLETION. — In the case of mines, oil and gas...each case ; such reasonable allowance In all cases to Iw made under rules and regulations to be prescribed by the Commissioner, with the approval of the... | |
 | United States. Tax Court - 1957 - 1178 էջ
...computing net Income there shall be allowed as deductions : • ••»••• (m) DEPLBTION. — In the case of mines, oil and gas wells, other natural deposits,...reasonable allowance In all cases to be made under rales and regulations to be prescribed by the Commissioner, with the approval of the Secretary. •... | |
 | 1961 - 566 էջ
...other natural deposits, and timber, there shall be allowed as a deduction in computing taxable income a reasonable allowance for depletion and for depreciation...reasonable allowance in all cases to be made under regulations prescribed by the Secretary or his delegate. For purposes of this part, the term "mines"... | |
 | United States. Tax Court - 1956 - 1226 էջ
...GROSS INCOME. In computing net Income tbere shall be allowed as deductions : • •••••• (m) DEPLETION. — In the case of mines, oil and gas...regulations to be prescribed by the Commissioner, with the approval of the Secretary. In any case In which It Is ascertained as a result of operations or of development... | |
 | United States. Tax Court - 1959 - 1456 էջ
...INCOME. In computing net Income there shall be allowed as deductions : • •••••• (MI) DEPLETION. — In the case of mines, oil and gas wells,...reasonable allowance In all cases to be made under rales and regulations to be prescribed by the Commissioner, with the approval of the Secretary. In... | |
 | United States. Tax Court - 1961 - 1354 էջ
...Internal Revenue Code of 1939 provides : "In competing net Income there shall be allowed as deductions : "(m) DEPLETION. — In the case of mines, oil and...case ; such reasonable allowance In all cases to be nail* nnder rule* and regulations to be prescribed by the Commissioner, with the approval of the Secretary.... | |
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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... 
