Shaw v. Commissioner

Board of Tax Appeals

Shaw v. Commissioner

9 B.T.A. 459, 1927 BTA LEXIS 2587

United States Board of Tax Appeals·Decided December 1, 1927·No. Docket No. 9644.·Published·Cited by 1 cases

Opinion

[460] OPINION.

Trussell:

Upon the record we are of the opinion that decedent had ascertained during 1920 that the debt in question became worthless, and, inasmuch as he kept no books, there could be no physical charge-off, but decedent’s statement during 1920 that the amount could be forgotten was in effect a charge-off of the bad debt.

Judgment will be entered upon 15 days’ notice, pursuant to Bule 50.

Considered by Smith, Love, and Littleton.

Free access — add to your briefcase to read the full text and ask questions with AI

[460] OPINION.

Trussell:

Upon the record we are of the opinion that decedent had ascertained during 1920 that the debt in question became worthless, and, inasmuch as he kept no books, there could be no physical charge-off, but decedent’s statement during 1920 that the amount could be forgotten was in effect a charge-off of the bad debt.

Judgment will be entered upon 15 days’ notice, pursuant to Bule 50.

Considered by Smith, Love, and Littleton.

Shaw v. Commissioner, 9 B.T.A. 459, 1927 BTA LEXIS 2587 (bta 1927).

Pincite

9 B.T.A. 459 (Shaw v. Commissioner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Opinion

Related