Ernst v. Commissioner
18 B.T.A. 928, 1930 BTA LEXIS 2567
United States Board of Tax Appeals·Decided January 27, 1930·No. Docket No. 25586.·Published·Cited by 3 cases
Opinion
[929]*929OPINION.
The evidence fails to support the contention of the petitioner. At the close of each of the years for which bad debt deductions are claimed the company had assets of such substantial value that it is impossible to find that its obligations were worthless in the hands of the holder thereof. The deficiencies determined by the Commissioner are approved. T. C. Power & Brother, 6 B. T. A. 835.
Decision will he entered for the respondent.
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Ernst v. Commissioner, 18 B.T.A. 928, 1930 BTA LEXIS 2567 (bta 1930).
18 B.T.A. 928 (Ernst v. Commissioner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Ernst v. Commissioner
18 B.T.A. 928 (Board of Tax Appeals, 1930)