1 B.T.A. 18
United States Board of Tax Appeals
Decided October 18, 1924
United States Board of Tax Appeals · decided 1924-10-18
Deficiency to be determined in accordance with stipulation.
Good law ✅— No negative treatment on recordhow we know
Decided 1924-10-18
Cited by 66 later decisions — most recently February 1988 · most notably Consolidated Asphalt Co. v. Commissioner (1924), Uvalde Co. v. Commissioner (1925)
3 federal appellate · 2 district ·
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
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¶1decision.
¶2The taxpayer and the Commissioner having agreed that the item of $12,740.03, claimed as a deduction for loss on sale of stocks and bonds in the taxpayer’s 1920 income tax return, should be disallowed to the extent of $1,131.90, the deficiency should be computed accordingly.
¶3Final decision of this Board will be settled on consent or on seven days’ notice by either party.