Delaware Coal & Supply Co. v. Commissioner
This text of 4 B.T.A. 752 (Delaware Coal & Supply Co. v. Commissioner) 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
[753]*753OPINION.
In computing the taxpayer’s net income for the year 1920, depreciation on the automobiles and trucks set forth in the findings of fact should be allowed in the amount of $2,668.11. For the year 1921, depreciation should be allowed on said automobiles and trucks in the amount of $5,038.85; and the profit from the sale of the 11 lots referred to in the findings of fact should be $4,656.64, instead of $6,790, as reported by the taxpayer in its return for that year.
Order of redetermination will be entered on 10 days’ notice, under Rule 50.
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Cite This Page — Counsel Stack
4 B.T.A. 752, 1926 BTA LEXIS 2214, Counsel Stack Legal Research, https://law.counselstack.com/opinion/delaware-coal-supply-co-v-commissioner-bta-1926.