Appeal of New York, Brooklyn & Manhattan Beach Railway Co. ( 1926 )

DECISION.

The deficiency should be computed by excluding from the taxpayer’s income the amount of the tax borne by the Director General .of Railroads. Appeal of New York, Ontario & Western Ry. Co., 1 B. T. A. 1172. Final determination will be settled' on 7 days’ notice, under Rule 50.