 | United States. Court of Claims, Audrey Bernhardt - 1955 - 1002 lapas
...deductions:] "Depreciation. — A reasonable allowance for the exhaustion, wear and tear (Including a reasonable allowance for obsolescence) — (1) of...business, or (2) of property held for the production of Income." •Section 23 (f) provides: [In computing net Income there shall be allowed as deductions:]... | |
 | United States. Federal Power Commission - 1957 - 1082 lapas
...Depreciation, as it appears in the Internal Revenue Code of 1954, provides, in pertinent part, as follows : (1) of property used in the trade or business, or (2) of property held for the production of income. (b) Use of Certain Methods and Rates. — For taxable years ending after December 31, 1953,... | |
 | United States - 1965 - 1110 lapas
...allowed as a depreciation deduction a reasonable allowance for the exhaustion, wear and tear (including a reasonable allowance for obsolescence) — (1) of...business, or <2) of property held for the production of income. (b) Use of certain methods and rates. For taxable years ending after December 31, 1953, the... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1944 - 336 lapas
...business. (l) DEPRECIATION. — A reasonable allowance for the exhaustion, wear and tear (including a reasonable allowance for obsolescence) — (1) of...business, or (2) of property held for the production of income. In the case of property held by one person for life with remainder to another person, the deduction... | |
 | United States, Walter Elbert Barton - 1944 - 1286 lapas
...tho trade or buoinoec. including — в — ronoonablo — allowance for oboolcooonooi (including a reasonable allowance for obsolescence) — (1) of...the trade or business, or (2) of property held for production of income. In the case of property held by one person for life with remainder to another... | |
 | United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 lapas
..."subsection". (1) DEPRECIATION. — A reasonable allowance for the exhaustion, wear and tear (including a reasonable allowance for obsolescence) — (1) of...business, or (2) of property held for the production of income. In the case of property held by one person for life with remainder to another person, the deduction... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 428 lapas
...business. (1) DEPRECIATION. — A reasonable allowance for the exhaustion, wear and tear (including a reasonable allowance for obsolescence) — (1) of...business, or (2) of property held for the production of income. In the case of property held by one person for life with remainder to another person, the deduction... | |
 | United States. Congress. House. Committee on Ways and Means - 1947 - 262 lapas
...allowance for the exhaustion, wear arid tear (including a reasonable allowance for obsolesence) — (1) of property used in the trade or business ; or (2) of property held for the production of income. Jn the returns. In the long run the Government will gain nothing by the decision and will have... | |
 | 1967 - 676 lapas
...allowed as a depreciation deduction a reasonable allowance for the exhaustion, wear and tear (Including a reasonable allowance for obsolescence) — ( 1 ) Of...business, or (2) Of property held for the production of Income. § 1.167 (a)— 1 Depreciation in general. (a) Reasonable allowance. Section 167 (a) provides... | |
 | 1970 - 750 lapas
...allowed as a depreciation deduction a reasonable allowance for the exhaustion, wear and tear (1ncluding a reasonable allowance for obsolescence) — (1) Of...business, or (2) Of property held for the production of income. § 1.167(a)-1 Depreciation in general. (a) Reasonable allowance. Section 167 (a) provides that... | |
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GENERAL RULE. — There shall be allowed as a depreciation deduction a reasonable allowance for the exhaustion, wear and tear (including a reasonable allowance for obsolescence) — (1) of property used in the trade or business, or (2) of property held... 
