Gem Theatre Co. v. Commissioner

GEM THEATRE CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Gem Theatre Co. v. Commissioner

Docket No. 9264.

United States Board of Tax Appeals

8 B.T.A. 309; 1927 BTA LEXIS 2909;

September 27, 1927, Promulgated

Item determined to be part of petitioner's gross income.

George H. Moore, Esq., for the petitioner.

J. W. Fisher, Esq., for the respondent.

LANSDON

The Commissioner determined a deficiency in income and profits tax for the year 1921 in the amount of $6,532.39. The determination was made by the rejection of a claim filed by the petitioner for the abatement of $6,532.39, forming…