Appeal of Townsend Lumber Co.
1 B.T.A. 894
United States Board of Tax Appeals·Decided March 25, 1925·No. Docket No. 830·Published·Cited by 1 cases
Opinion
[895] DECISION.
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, [896] respectively. The deficiency should be recomputed accordingly, and final decision will loe settled on consent or on 15 days’ notice in accordance with Rule 50.
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Appeal of Townsend Lumber Co., 1 B.T.A. 894 (bta 1925).
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Related
Townsend Lumber Co. v. Commissioner
1 B.T.A. 894 (Board of Tax Appeals, 1925)