adjusted basis
Basis increased by capital improvements and decreased by depreciation deductions. [Cases: Internal Revenue 3197; Taxation 996.1–998. C.J.S. Internal Revenue § 119; Taxation §§ 1726, 1732–1734.]
Basis increased by capital improvements and decreased by depreciation deductions. [Cases: Internal Revenue 3197; Taxation 996.1–998. C.J.S. Internal Revenue § 119; Taxation §§ 1726, 1732–1734.]