Bovard v. Commissioner

H. F. BOVARD AND A. N. PERSHING, RECEIVERS, LATROBE-CONNELLSVILLE COAL & COKE CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Bovard v. Commissioner

Docket No. 21032.

United States Board of Tax Appeals

15 B.T.A. 546; 1929 BTA LEXIS 2835;

February 21, 1929, Promulgated

Respondent's determination of loss sustained by sale of capital assets in the taxable year approved.

William F. Knox, Esq., for the petitioner.

J. E. Marshall, Esq., and C. L. Lavender, Esq., for the respondent.

LANSDON

The respondent asserts a deficiency in income and profits tax for the year 1920 in the amount of…