DocketNumber: Docket No. 8844
Citation Numbers: 12 B.T.A. 431
Judges: Trammell
Filed Date: 6/6/1928
Status: Precedential
Modified Date: 7/23/2022
The only issue involved in this proceeding is the rate at which depreciation should be computed on the petitioner’s assets as carried in the “ Construction Account ” and considered as a group.
We think, from a consideration of all the evidence, that 10 per cent is a fair and reasonable rate of depreciation on the assets of the petitioner, considered as a group.
Judgment will he entered u/nder Rule 50.