 | Robert Hiester Montgomery - Excess profits tax - 1920 - 1304 pages
...account a proportion thereof was deferred to later periods. Repairs and depreciation. — REGULATION. The cost of incidental repairs which neither materially...efficient operating condition, may be deducted as expense, provided the plant or property account is not increased by the amount of such expenditures.... | |
 | United States. Internal Revenue Service - Income tax - 1916 - 200 pages
...for which the return is made. 432 Art. 131. Repairs. — The cost of incidental repairs which neither add to the value of the property nor appreciably prolong...efficient operating condition, may be deducted as expense, provided that the plant or property account is not increased by the amount of such expenditures.... | |
 | United States. Internal Revenue Service - Income tax - 1918 - 200 pages
...the return is made. 432/ Art. 131. Eepairs. — The cost of incidental repairs which neither add Slo the value of the property nor appreciably prolong...efficient operating condition, may be deducted as expense, provided that the plant or property account is not increased by the amount of such expenditures.... | |
 | Prentice-Hall Inc, Prentice-Hall, inc - Reference - 1919 - 640 pages
...the return is made, provided the net income is clearly reflected by this method. 1] 574. Art. 103. Repairs. — The cost of incidental repairs which...efficient operating condition, may be deducted as expense, provided the plant or property account is not increased by the amount of such expenditures.... | |
 | Henry Montefiore Powell - Corporations - 1919 - 708 pages
...which the return is made, provided the net income is clearly reflected by this method. (Art. 102.) Repairs. — The cost of incidental repairs which...efficient operating condition, may be deducted as expense, provided the plant or property account is not increased by the amount of such expenditures.... | |
 | United States. Internal Revenue Service - Natural gas - 1919 - 168 pages
...and can neither be deducted from the income of subsequent years as expense nor added to Capital Sum. Repairs. — The cost of incidental repairs which...nor appreciably prolong its life, but keep it in an ordinary efficient operating condition, may be deducted as expense, provided the plant or property... | |
 | United States. Bureau of Internal Revenue - Excess profits tax - 1920 - 346 pages
...for which the return is made, provided :he net income is clearly reflected by this method. AHT. 103. Repairs. — The cost of incidental repairs which...efficient operating condition, may be deducted as expense, provided the plant or property account is not increased by the amount of such expenditures.... | |
 | John F. Sherwood - Accounting - 1920 - 272 pages
...taken or is not taking title or in which he has no equity." Repairs. (Art. 103. Reg. No. 45, 1918.) "The cost of incidental repairs which neither materially...efficient operating condition, may be deducted as expense, provided the plant or property account is not increased by the amount of such expenditures.... | |
 | Income tax - 1920 - 188 pages
...return is made, provided the net income is clearly reflected by this method. ART. 113. Bepairs — The cost of incidental repairs which neither materially...efficient operating condition, may be deducted as expense, provided the plant or property account is not increased by the amount of such expenditures.... | |
 | Real Estate Board of New York - Income tax - 1920 - 112 pages
...the debt and the net proceeds from the sale be deducted as a bad debt. (Reg. 45, Art. 153. 1919.) 513 Repairs. — The cost of incidental repairs which...nor appreciably prolong its life, but keep it in an ordinary efficient operating condition, may be deducted as expense, provided the plant or property... | |
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The cost of incidental repairs which neither materially add to the value of the property nor appreciably prolong its life, but keep it in an ordinarily efficient operating condition, may be deducted as expense, provided the plant or property account is... 
