 | Eric Louis Kohler - 1924 - 514 էջ
...may allow such debt to be charged off in part; (8) A reasonable allowance for the exhaustion, wear and tear of property used in the trade or business,...including a reasonable allowance for obsolescence. In the case of such property acquired before March 1, 1913, this deduction shall be computed upon the... | |
 | United States. Internal Revenue Service - 1924 - 396 էջ
...United States as determined under section 217 ; (7) A reasonable allowance for the exhaustion, wear and tear of property used in the trade or business,...including a reasonable allowance for obsolescence ; (8) In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable allowance... | |
 | 1927 - 1150 էջ
...authorized to be deducted from gross income "a reasonable allowance for exhaustion, wear and tear of the property used in the trade or business, including a reasonable allowance for obsolescence"; these two acts being the ones applicable to the years involved in this case. . In opposition to the... | |
 | 1925 - 1112 էջ
...230 (Сотр. St. Ann. Supp. 1919, § 6336%nn) of "a reasonable allowance for the exhaustion, wear and tear of property used in the trade or business,...including a reasonable allowance for obsolescence," depreciation in value of leasehold as of March 1, 1913, date prescribed for fixing value of property... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 էջ
...determined under section 217 ;2M SEC. 234. (a) (7) A reasonable allowance for the exhaustion, wear and tear of property used in the trade or business,...including a reasonable allowance for obsolescence. In the case of such property acquired before March 1, 1913, this deduction shall be computed upon the... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 էջ
...United States as determined under section 217; (7) A reasonable allowance for the exhaustion, wear and tear of property used in the trade or business,...including a reasonable allowance for obsolescence; (8) In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable allowance... | |
 | John F. Sherwood - 1925 - 206 էջ
...United States as determined under section 217; (7) A reasonable allowance for the exhaustion, wear and tear of property used in the trade or business,...including a reasonable allowance for obsolescence; (8) In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable allowance... | |
 | National Tax Association - 1926 - 622 էջ
...the change in the law. The 1918 act provided for " a reasonable allowance for the exhaustion, wear and tear of property used in the trade or business,...including a reasonable allowance for obsolescence." It observed that there was a substantial difference between the corresponding provisions of the two... | |
 | United States. Board of Tax Appeals - 1926 - 1508 էջ
...year In carrying on any trade or business. * * * (8) A reasonable allowance for tbe exhaustion, wear and tear of property used In the trade or business,...including a reasonable allowance for obsolescence. Section 215 of the Revenue Acts of 1918 and 1921 provides, in part: SEO. 215. That in computing net... | |
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A reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, including a reasonable allowance for obsolescence... 
