Fitchburg Steam Engine Co. v. Commissioner

Appeal of FITCHBURG STEAM ENGINE CO.

Fitchburg Steam Engine Co. v. Commissioner

Docket No. 433.

United States Board of Tax Appeals

1 B.T.A. 242; 1924 BTA LEXIS 207;

December 23, 1924, Decided Submitted December 10, 1924.

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Samuel Freedman, Esq., for the taxpayer.

Willis D. Nance, Esq. (Nelson T. Hartson, Solicitor of Internal Revenue) for the Commissioner.

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Before IVINS, KORNER, and MARQUETTE.

The taxpayer appealed from a deficiency in income and profits taxes found by the Commissioner against it for the fiscal year ended April 30, 1920.

Counsel presented a stipulation by which the parties agreed that the Board shall determine the deficiency in the sum of $23.31, upon which the Board hereby makes the following

DECISION.

The deficiency is determined to be $23.31 and the balance of the deficiency determined by the Commissioner is disallowed.