West Virginia & Pennsylvania Coal & Coke Co. v. Commissioner

Board of Tax Appeals

West Virginia & Pennsylvania Coal & Coke Co. v. Commissioner

1 B.T.A. 790, 1925 BTA LEXIS 2794

CourtUnited States Board of Tax Appeals

DecidedMarch 17, 1925

DocketDocket No. 633.

StatusPublished

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

Bluebook

West Virginia & Pennsylvania Coal & Coke Co. v. Commissioner, 1 B.T.A. 790, 1925 BTA LEXIS 2794 (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, 1925 BTA LEXIS 2794, Counsel Stack Legal Research, https://law.counselstack.com/opinion/west-virginia-pennsylvania-coal-coke-co-v-commissioner-bta-1925.

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