 | United States. Supreme Court - 1940 - 894 lapas
...income from the property during the taxable year, excluding from such gross income an amount equal to any rents or royalties paid or incurred by the...of the property. Such allowance shall not exceed 50 per centum of the net income of the taxpayer (computed without allowance for deple-' tion) from the... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 lapas
...income from the property during the taxable year, excluding from such gross income an amount equal to any rents or royalties paid or incurred by the...of the property. Such allowance shall not exceed 50 per centum of the net income of the taxpayer (computed without allowance for depiction) from the property,... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 lapas
...income from the property during the taxable year, excluding from such gross income an amount equal to any rents or royalties paid or incurred by the...of the property. Such allowance shall not exceed 50 per centum of the net income of the taxpayer (computed without allowance for depletion) from the property,... | |
 | United States. Internal Revenue Service - 1936 - 604 lapas
...income from the property during the taxable year, excluding from such gross income an amount equal to any rents or royalties paid or incurred by the...of the property. Such allowance shall not exceed 50 per centum of the net income of the taxpayer (computed without allowance for depletion) from the property,... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 lapas
...income from the property during the taxable year, excluding from such gross income an amount equal to any rents or royalties paid or incurred by the...of the property. Such allowance shall not exceed 50 per centum of the net income of the taxpayer (computed without allowance for depletion) from the property,... | |
 | United States - 1939 - 780 lapas
...income from the property during the taxable year, excluding from such gross income an amount equal to any rents or royalties paid or incurred by the...of the property. Such allowance shall not exceed 50 per centum of the net income of the taxpayer (computed without allowance for depletion) from the property,... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1938 - 348 lapas
...income from the property during the taxable year, excluding from such gross income an amount equal to any rents or royalties paid or incurred by the...of the property. Such allowance shall not exceed 50 per centum of the net income of the taxpayer (computed without allowance for depletion) from the property,... | |
| |
In the case of oil and gas wells the allowance for depletion under section 23 (m) shall be 27 y2 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... 
