Commissioner of Internal Revenue v. H. E. Harman Coal Corp

PARKER, Chief Judge.

These are cross petitions to review a decision of the Tax Court reported in 16 T. C. 781, where the facts are fully stated. Taxpayer is a coal mining corporation operating a mine at Harman, Virginia, and the case relates to income and excess profits taxes for the years 1944 and 1945. The questions presented ¡by the petitions are (1) whether the cost of certain mining machinery was deductible as an ordinary’and necessary business expense, (2) whether expenditures in building a slate chute were so deductible, (3) whether taxpayer was entitled to increased depreciation…