B. B. Carter v. Ellis Campbell, Jr., District Director of Internal Revenue

*73On the Merits.

It will be seen that the court below, as it did in the former trial, based its findings of fraud largely on admitted facts concerning the handling of these two items as they were developed by the evidence before the court on each of the trials. We pointed out before that, as a farmer, taxpayer was not required to keep books, and that he did not in fact keep books. Yet the appellee contends, and convinced the court below, that fraud should be assumed because appellant’s records, which he was not required to keep, were incomplete and did not in themselves tell a full story of each…