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1 Income Tax Depreciation and Obsolescence Revenue Act of 1928 I (1931)

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U.  S. Treasury   Department       -  -   Bureau of Internal Revenue






                    BULLETIN F'

                         (Revised  January, 1931)





                         Income Tax


     Depreciation and Obsolescence


                Revenue Act of 1928




        This bulletin contains information from which taxpayers and their counsel
      may obtain the best available indication of the trend and tendency of official
      opinion in the administration of the income-tax provisions of the Revenue
      Act of 1928 relating to depreciation and obsolescence.  It does not have
      the force or effect of a Treasury Decision and does not commit the Depart-
      ment to any interpretation of the law which has not been formally approved
      and promulgated by the Secretary of the Treasury.
        Taxpayers and officers of the Bureau of Internal Revenue are cautioned
      against reaching a conclusion in any case merely on the basis of similarity
      to conditions stated herein and should base their judgment on the applica-
      tion of all pertinent provisions of the law, regulations, and other Treasury
      Decisions -to all of the facts in each particular case.







                                   OFFICE OF


















                              UNITED   STATES
                      GOVERNMENT PRINTING OFFICE
                             WASHINGTON: 1931


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