Rodeo-Vallejo Ferry Co. v. Commissioner

THE RODEO-VALLEJO FERRY COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Rodeo-Vallejo Ferry Co. v. Commissioner

Docket Nos. 36411, 48528.

United States Board of Tax Appeals

24 B.T.A. 936; 1931 BTA LEXIS 1571;

November 25, 1931, Promulgated

Obsolescence on petitioner's ferry boats allowed.

Neil e. Larkin, Esq., for the petitioner.

John D. Kiley, Esq., for the respondent.

VANFOSSAN

In the proceeding bearing Docket No. 36411 redetermination is asked of deficiencies of $357.70 and $5,023.42 for the years 1924 and 1925, respectively. In Docket No. 48528 redetermination is sought of a…