Bickerstaff v. Commissioner
United States Board of Tax Appeals
Held, that where title to property was retained during the taxable year and petitioner fails to establish alleged worthlessness and abandonment, the respondent's disallowance of claimed loss is approved.
1Opinion of the Court
opinion.
Tyson :
The income tax deficiency here in controversy, in the amount of $710.41 for the calendar year 1935, results from the respondent’s disallowance of a deduction of $3,500 claimed on the 1935 income tax return of Charles A. Bickerstaff as a loss sustained upon his abandonment of certain real property in that year. • Petitioner assigns error in such disallowance.
The proceeding has been submitted upon a stipulation of facts embracing certain exhibits, which stipulation we adopt and, by reference, incorporate herein as our findings of fact. There are set forth herein only such of…
2Cases cited9 opinions
- Parken v. SaffordSupreme Court of Florida · 1904
- Townsend Burns Ridgeway v. ReeseSupreme Court of Florida · 1930
- Townsend Burns Ridgeway v. PeacockSupreme Court of Florida · 1930
- State Ex Rel. Comfort v. LeathermanSupreme Court of Florida · 1930
- Adams v. WhittleSupreme Court of Florida · 1931
4 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Bickerstaff v. CommissionerUnited States Board of Tax Appeals · 1941