McCulloch v. Commissioner

J. W. MCCULLOCH, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

McCulloch v. Commissioner

Docket Nos. 29266, 36943.

United States Board of Tax Appeals

29 B.T.A. 67; 1933 BTA LEXIS 1000;

October 6, 1933, Promulgated

Villard Martin, Esq., for the petitioner.

Maxwell M. Mahany, Esq., for the respondent.

MATTHEWS

OPINION.

MATTHEWS: These proceedings, consolidated for hearing and decision, arise upon deficiencies in petitioner's income taxes for the calendar year 1924 of $13,138.33, and for 1925 of $8,899.97. Three issues are raised, only the first of which applies to both years, the second…