Wilson v. Commissioner
United States Board of Tax Appeals
1. Commissioner approved in disallowing the deduction of certain expenditures claimed to have been ordinary and necessary expenses. 2. Where the petitioner has failed to prove that cash or other property was not unqualifiedly made subject to his demand in the year 1921, the Commissioner's action in including in income of 1921 certain dividends actually received in 1922 is approved.
1Opinion of the Court
*978OPINION.
MtjRdook:
The petitioner contends that the respondent erred in disallowing a deduction of $2,752.95 claimed in his 1921 return as ordinary and necessary expenses of drilling oil wells. About ninety-six of the petitioner’s checks, all dated 1921, were admitted in evidence in connection with the petitioner’s testimony taken on depositions. A number of these checks are made to cash and a number are made to various individuals. The petitioner did not testify in .detail in regard to each check, but simply testified in general terms that either the checks or the money which he had received…
2Cited by20 opinions
- Wallendal v. CommissionerUnited States Tax Court · 1959
- Cropland Chem. Corp. v. CommissionerUnited States Tax Court · 1980
- Rosenthal v. CommissionerUnited States Tax Court · 1967
- Graham v. CommissionerUnited States Tax Court · 1960
- Ann Y. Oliver v. CommissionerUnited States Tax Court · 1949
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