| United States. Court of Claims - 1945 - Broj stranica: 952
...interpretation put upon 115 Dissenting Opinion by Judge Whitaker section 23 (1) of the statute authorizing the deduction of "a reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, including a reasonable allowance for obsolescence." (Italics ours.) The Commissioner... | |
| 1925 - Broj stranica: 1112
...corporation subject to income tax imposed by section 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... | |
| New York (State). Public Service Commission - 1923 - Broj stranica: 402
...the benefit of past consumers. (Cf. Knoxville v. KnoxviUe Water Co., 212 US 1.) expenses," but also of " a reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, including a reasonable allowance for obsolescence ". Treasury regulations provide... | |
| Henry Clifford Spurr, Ellsworth Nichols - 1922 - Broj stranica: 1016
...tax legislation also accepts this idea in providing only of so-called "ordinary expenses," but also of "a reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, including a reasonable allowance for obsolescence." Treasury regulations provide... | |
| 1922 - Broj stranica: 1010
...tax legislation also accepts this idea in providing only of so-called "ordinary expenses," but also of "a reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, including a reasonable allowance for obsolescence." Treasury regulations provide... | |
| New York (State) - 1923 - Broj stranica: 812
...determination of taxable income by the deduction, not only of so called " ordinary expenses," but also of " a reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, including a reasonable allowance for obsolescence." Treasury regulations provide... | |
| New York (State). Legislature - 1923 - Broj stranica: 738
...determination of taxable income by the deduction, not only of so called " ordinary expenses," but also of " a reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, including a reasonable allowance for obsolescence ". Treasury regulations provide... | |
| 1927 - Broj stranica: 1150
...however, under Revenue Act 1918, 5 234 (a) (7), being Comp. St. Ann. Supp. 1919, § 6336%PP, providing for deduction of "a reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, including a reasonable allowance for obsolescence." 8. Internal revenue c-^7... | |
| 1925 - Broj stranica: 1112
...corporation subject to income tax imposed by section 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... | |
| United States. Board of Tax Appeals - 1926 - Broj stranica: 1616
...no provisions recognizing losses resulting from obsolescence. The Revenue Act of 1918 provides for the deduction of " a reasonable allowance for the exhaustion, wear and tear of property used in trade or business, including a reasonable allowance for obsolescence." For the fiscal year ended June... | |
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