Dowling v. Commissioner
United States Board of Tax Appeals
1. Obsolescence of stipulated value of certain tangible property allowed. 2. Obsolescence of intangible property as a result of war-time and national prohibition legislation is not deductible from taxpayer's income for years in question.
1Opinion of the Court
APPEAL OF MARY M. DOWLING.
Dowling v. Commissioner
Docket No. 2394.
United States Board of Tax Appeals
6 B.T.A. 976; 1927 BTA LEXIS 3362;
April 22, 1927, Promulgated
1. Obsolescence of stipulated value of certain tangible property allowed.
2. Obsolescence of intangible property as a result of war-time and national prohibition legislation is not deductible from taxpayer's income for years in question.
H. A. Mihills, C.P.A., for the petitioner.
A. H. Fast, Esq., for the Commissioner.
LANSDON
This appeal is from a determination of deficiencies in income and profits taxes for the years 1919, 1920, and 1921…
2Cases cited2 opinions
- Manhattan Brewing Co. v. CommissionerUnited States Board of Tax Appeals · 1927
- Appeal of DowlingUnited States Board of Tax Appeals · 1927