United Studios, Inc. v. Commissioner

Board of Tax Appeals

United Studios, Inc. v. Commissioner

15 B.T.A. 737, 1929 BTA LEXIS 2804

United States Board of Tax Appeals·Decided March 6, 1929·No. Docket No. 23900.·Published·Cited by 1 cases

Opinion

[738] OPINION.

Teussell :

The decision of the issue here presented is controlled by our decision in Robert Brunton Studios, Inc., 15 B. T. A. 727, wherein we held that the same petitioner, then known by that name, was entitled to include in its asset account, subject to depreciation for years prior to the one here involved, the $35,000 item in question. Such allowance should be made and the deficiency redetermined accordingly.

Judgment will be entered pursuant to Rule 50.

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[738] OPINION.

Teussell :

The decision of the issue here presented is controlled by our decision in Robert Brunton Studios, Inc., 15 B. T. A. 727, wherein we held that the same petitioner, then known by that name, was entitled to include in its asset account, subject to depreciation for years prior to the one here involved, the $35,000 item in question. Such allowance should be made and the deficiency redetermined accordingly.

Judgment will be entered pursuant to Rule 50.

United Studios, Inc. v. Commissioner, 15 B.T.A. 737, 1929 BTA LEXIS 2804 (bta 1929).

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Opinion

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