Leidesdorf v. Commissioner

SAMUEL D. LEIDESDORF, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Leidesdorf v. Commissioner

Docket No. 48305.

United States Board of Tax Appeals

26 B.T.A. 881; 1932 BTA LEXIS 1228;

August 19, 1932, Promulgated

Attorney fees paid in defense of a suit instituted against petitioner held to be deductible as a business expense.

Joseph R. Little, Esq., for the petitioner.

B. M. Coon, Esq., for the respondent.

ARUNDELL

OPINION.

ARUNDELL: The respondent disallowed as a deduction the sum of $22,636.52 expended by the petitioner for attorney fees in 1926, and determined a deficiency in income…