 | United States. Internal Revenue Service - 1918 - 200 lehte
...incidental repairs which neither add Slo 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 that the plant or property account is not increased by the amount of such expenditures. Such repairs,... | |
 | United States. Internal Revenue Service - 1916 - 200 lehte
...incidental repairs which neither 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 that the plant or property account is not increased by the amount of such expenditures. Such repairs,... | |
 | United States. Internal Revenue Service - 1919 - 168 lehte
...materially add to the value of the property nor appreciably prolong its life, but keep it in an ordinary efficient operating condition, may be deducted as...not increased by the amount of such expenditures. Eepairs in the nature of replacements, to the extent that they arrest deterioration and appreciably... | |
 | George Edwin Holmes - 1919 - 1048 lehte
...Note 6. 21 Grand Rapids & Indiana Ry. Co. v. Doyle, 245 Fed. 792; TD 2210. operating condition, are expense, provided the plant or property account is not increased by the amount of such expenditures.23 Expenditures for replacing worn out parts such as gears, bolts, nuts, valves, etc.,... | |
 | George Edwin Holmes - 1920 - 1186 lehte
...the property nor appreciably prolong its life, but keep it in an operating condition, are deductible as expense, provided the plant or property account is not increased by the amount of such expenditures.10 Expenditures for replacing worn out parts such as gears, bolts, nuts, valves, etc.,... | |
 | John F. Sherwood - 1920 - 272 lehte
...incidental repairs which neither 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 that the plant or property account is not increased by the amount of such expenditures. Such repairs,... | |
 | Real Estate Board of New York - 1920 - 104 lehte
...incidental repairs which neither 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 that the plant or property account is not increased by the amount of such expenditures. Such repairs,... | |
 | Emerson Emanuel Rossmoore - 1922 - 592 lehte
...repairs which neither materially add to the value of the property nor appreciably prolong its life, but keep it in an. ordinarily efficient operating...not increased by the amount of such expenditures. . . ." Corporations: The principle illustrated above will also apply to corporations. Sec. 234 (a):... | |
 | James Irwin Tucker - 1923 - 360 lehte
...appreciably prolong its life, but keep it in ordinary operating condition, may be deducted as a business expense, provided the plant or property account is...not increased by the amount of such expenditures." It would then become a capital charge. Repairs in the nature of replacements, to the extent that they... | |
 | United States. Board of Tax Appeals - 1927 - 1522 lehte
...which " neither materially add to the value of the property nor appreciably prolong its life * * * may be deducted as expense, provided the plant or property account is not increased * * * ". The evidence shows that these expenditures did not add to the value or prolong the expected... | |
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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... 
