Appeal of Acton Farms Milk Co.
This text of 4 B.T.A. 899 (Appeal of Acton Farms Milk Co.) is published on Counsel Stack Legal Research, covering United States Board of Tax Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
OPINION.
: There is no evidence as to the facts or data obtained by the drivers upon which the bookkeeper determined the debts were worthless. There is no evidence before us as to the years in which the debts were contracted, name and address of the debtors, or the amoimts of the debts owed by each, or that any definite steps were [900]*900taken to verify the accuracy of the charge-off.- Proof that debts were charged off in a particular year raises no presumption that they were ascertained to be worthless in that year.
Judgment for the Commissioner.
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4 B.T.A. 899, Counsel Stack Legal Research, https://law.counselstack.com/opinion/appeal-of-acton-farms-milk-co-bta-1926.