Abe Plisco v. United States of America, Percy M. May v. United States of America, Norman R. Baker v. United States

*786BAZELON, Circuit Judge.

This is a suit by the United States to reduce to judgment a jeopardy assessment resulting from the disallowance by the Commissioner of Internal Revenue of certain losses appellants claimed on their 1948, 1949 and 1950 income tax returns. Appellants were partners in a gambling enterprise. They computed each day’s net profit or loss by subtracting the payouts and expenses from the day's winnings and recorded the result on their books. The Commissioner rejected the loss day figures, characterizing them as “self-serving,” but accepted the daily profit figures as admissions…