United States Board of Tax Appeals, 1927

R. D. Lidstone Co. v. Commissioner

R. D. Lidstone Co. v. Commissioner
United States Board of Tax Appeals · Decided December 1, 1927 · Love, Littleton, Smith, Trussell
9 B.T.A. 447; 1927 BTA LEXIS 2583
R. D. Lidstone Co. v. Commissioner

Opinion of the Court

*448OPINION.

Love :

The Commissioner erred in disallowing as a deduction from gross income for 1917 the amount of $6,300. The total amount of $8,900 paid to the three officers constituted reasonable compensation for services rendered during that year by petitioner’s officers.

Judgment will be entered on IS days’ notice, under Rule 50.

Considered by Trussell, Smith, and Littleton.

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