Sline v. Commissioner

JOHN T. SLINE, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Sline v. Commissioner

Docket No. 6752.

United States Board of Tax Appeals

9 B.T.A. 1222; 1928 BTA LEXIS 4267;

January 13, 1928, Promulgated

1. Profit on sale of land determined and apportioned.

2. Certain business expenses and losses determined and others rejected for lack of evidence.

J. M. McMillin, Esq., for the petitioner.

Shelby S. Faulkner, Esq., for the respondent.

MILLIKEN

This proceeding results from the determination by respondent of a deficiency in income tax for the calendar year 1920, amounting to $10,193.99, plus a…