United States Board of Tax Appeals, 1925

Appeal of Townsend Lumber Co.

United States Board of Tax Appeals · Decided March 25, 1925 · James, Sternhagen, Trussell

1 B.T.A. 894

Cases that cite this one

1 later published case cites this decision.

Townsend Lumber Co. v. Commissioner (United States Board of Tax Appeals 1925)

This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.

Opinion of the Court

*895DECISION.

The accounts shown by the taxpayer’s Exhibit 1, aggregating $37,779.31 — $9,233.74 for the year 1919, and $28,545.57 for the year 1920 — were properly deductible from gross income in such years, *896respectively. The deficiency should be recomputed accordingly, and final decision will loe settled on consent or on 15 days’ notice in accordance with Rule 50.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.