 | United States. Court of Claims, Audrey Bernhardt - 1955 - 1002 페이지
...provides: [In computing net income there shall be allowed as deductions:] "Depreciation. — A reasonable allowance for the exhaustion, wear and tear (Including...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 - 1965 - 1110 페이지
...deductible, see section 271 of this title. Time for taking deduction, see section 461 of this title. § 167. Depreciation. (a) General rule. There shall be...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 - 1953 - 1744 페이지
...for such terms in section 591 of Title 18 of the United States Code. (0 Depreciation. A reasonable 1+ e u Y v } " h2 h V ֬ i m ~Z aT"2... gq F : / w 6 x ? ꏽ ޝŻ ~ {Ԧ }ͷ& 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 - 1944 - 336 페이지
...worthlessness of which is incurred in the taxpayer's trade or business. (l) DEPRECIATION. — A reasonable allowance for the exhaustion, wear and tear (including...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 페이지
...applicable to taxable years beginning after Dec. 31, 1941. Sec. 23. (1) Depreciation. — A reasonable allowance for the exhaustion, wear and tear (including...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 페이지
...§ 123 (a) (2)) inserts "paragraph (2). of" before "subsection". (1) DEPRECIATION. — A reasonable allowance for the exhaustion, wear and tear (including...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 페이지
...worthlessness of which is incurred in the taxpayer's trade or business. (1) DEPRECIATION. — A reasonable allowance for the exhaustion, wear and tear (including...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... | |
 | 1959 - 1584 페이지
...taxes. The amount so paid should not be included in the gross income of the shareholder. [TD 6256, 22 PR 7993, Oct. 8, 1957] ITEMIZED DEDUCTIONS FOR...property held for the production of Income. [TD 6182, 21 FR 3985, June 12, 1956] § 1.167 (a)-l Depreciation in general — (a) Reasonable allowance. Section... | |
 | 1960 - 1764 페이지
...payment Is in discharge of an obligation issued by a corporation. [TD 6403, 24 FB 6162, July 31, 1959] ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS...production of Income. [TD 6182, 21 FB 3985, June 12, 1956] § 1.167 (a)-l Depreciation in general — (a) Reasonable allowance. Section 167 (a) provides... | |
 | 1966 - 658 페이지
...166(f) to his loss, since his payment is in discharge of an obligation Issued by a corporation. § 1.167 (a) Statutory provisions; depreciation ; general...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... | |
| |
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 for the production... 
