Appeal of Stimpson Computing Scale Co.
Cases that cite this one
1 later published case cites this decision.
- Stimpson Computing Scale Co. v. Commissioner (United States Board of Tax Appeals 1926)
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
In Appeal of Butlers Warehouses, Inc., 1 B. T. A. 851, and Appeal of Crowell & Little Construction Co., 3 B. T. A. 829, the Board held that net losses sustained under the circumstances set forth in the findings of fact were not properly deductible from the income of the following year. We find no sufficient reason to change the decisions therein made, and on the authority of those appeals the action of the Commissioner in disallowing such deductions must be sustained.
The deficiency for the year 1920 is $1^19,08. Order will he entered accordingly.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.