Appeal of West Virginia & Pennsylvania Coal & Coke Co.

Board of Tax Appeals

Appeal of West Virginia & Pennsylvania Coal & Coke Co.

1 B.T.A. 790

CourtUnited States Board of Tax Appeals

DecidedMarch 17, 1925

DocketDocket No. 633

StatusPublished

Cited by1 cases

This text of 1 B.T.A. 790 (Appeal of West Virginia & Pennsylvania Coal & Coke 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.

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Appeal of West Virginia & Pennsylvania Coal & Coke Co., 1 B.T.A. 790 (bta 1925).

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Opinion

[792]*792DECISION.

The deficiency determined by the Commissioner is allowed in part and disallowed in part. The deduction of $625 claimed by the taxpayer for exhaustion of its lease during 1920 is allowed. Additional depreciation of $934.21 and a deduction of $4,243.82 as a bad debt are disallowed. The correct deficiency will be determined by the Board upon recomputation on consent or on seven days’ notice in accordance with Bule 50.

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[792]*792DECISION.

The deficiency determined by the Commissioner is allowed in part and disallowed in part. The deduction of $625 claimed by the taxpayer for exhaustion of its lease during 1920 is allowed. Additional depreciation of $934.21 and a deduction of $4,243.82 as a bad debt are disallowed. The correct deficiency will be determined by the Board upon recomputation on consent or on seven days’ notice in accordance with Bule 50.

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1 B.T.A. 790, Counsel Stack Legal Research, https://law.counselstack.com/opinion/appeal-of-west-virginia-pennsylvania-coal-coke-co-bta-1925.

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