...tear of property used in the trade or business, including a reasonable allowance for obsolescence. In the case of property held by one person for life...on the basis of the trust income allocable to each. 1 32 BTA 633. The Board found the depreciable life of the property to be fifty years, instead of forty...

...tear of property used In the trade or business. Including a reasonable allowance for obsolescence. In the case of property held by one person for life...on the basis of the trust Income allocable to each. * . * * * * (o) CHARITABLE AND OTHIB CONTRIBUTIONS. — In the case of an Individual, contributions...

...tear of property used in the trade or business, including a reasonable allowance for obsolescence. In the case of property held by one person for life...on the basis of the trust income allocable to each. Opinion of the Court Treasury Regulations 86 and 94 provided as follows : ART. 23 (Z)-1. Depreciation....

...tear of property used in the trade or business, including a reasonable allowance for obsolescence. In the case of property held by one person for life...on the basis of the trust income allocable to each. (1) Depletion. — In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable...

...prescribed by the commissioner, with the approval of the Secretary. In the case of leases the deduction shall be equitably apportioned between the lessor...income allocable to each. (For percentage depletion in case of oil and gas wells, see sec. 114 (b) (3).) REPORTS ON INTERNAL REVENUE TAXATION (m) Basis...

...tear of property used in the trade or business, including a reasonable allowance for obsolescence. In the case of property held by one person for life...on the basis of the trust income allocable to each. ART. 201. Depreciation. — A reasonable allowance for the exhaustion, wear and tear, and obsolescence...

...tear of property used in the trade or business, Including a reasonable allowance for obsolescence. In the case of property held by one person for life...on the basis of the trust income allocable to each. ART. 201. Depreciation.—A reasonable allowance for the exhaustion, wear and tear, and obsolescence...

...full cost of any property actually acquired after September 1, 1935, and prior to December 31, 1936. In the case of property held by one person for life...on the basis of the trust income allocable to each. Our motive in suggesting this amendment rests in the conviction that greater activity of our durable-goods...

...full cost of any property actually acquired after September 1, 1935, and prior to December 31, 1936. In the case of property held by one person for life...on the basis of the trust income allocable to each. Our motive in suggesting this amendment rests in the conviction that greater activity of our durable-goods...

...be wholly or partially worthless and charged against the reserve account during the taxable year. 54 property held in trust the allowable deduction shall...on the basis of the trust income allocable to each. ART. 23(1)-1. Depreciation. — A reasonable allowance for the exhaustion, wear and tear, and obsolescence...