Easterwood v. Commissioner

*1285OPINION.

Lansdon:

Since it is admitted that each of the petitioners filed income tax returns during the whole period under review on the calendar year basis, the only question here is whether their books were kept on the same basis and truly reflected income. W. E. Easterwood filed his first return in 1924 on the calendar year basis and, in the circumstances set out in our findings, he then established his right to file all subsequent returns on the same basis except upon *1286the Commissioner’s permission to change or upon the determination by that officer that such returns were not based upon his…