allowed
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 319 U.S. 523 - Virginian Hotel Corporation of Lynchburg v. Helvering · 1943Most cited · 221 citing opinions
depreciation
Allowed' connotes a grant
Under our federal tax system there is no machinery for formal allowances of deductions from gross income. Deductions stand if the Commissioner takes no steps to challenge them. Income tax returns entail numerous deductions. If the deductions are not challenged, they certainly are 'allowed' since tax liability is the determined on the basis of the returns.
How often courts cite the case defining “allowed”
Court decisions citing the opinion that defined “allowed” — 221 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.