Legal Opinion

Appeal of Austin

United States Board of Tax Appeals

Decided October 18, 1924No. Docket No. 82PublishedCited by 4 opinions

1Opinion of the Court

decision.

The taxpayer and the Commissioner having agreed that the item of $12,740.03, claimed as a deduction for loss on sale of stocks and bonds in the taxpayer’s 1920 income tax return, should be disallowed to the extent of $1,131.90, the deficiency should be computed accordingly.

Final decision of this Board will be settled on consent or on seven days’ notice by either party.

2Cited by4 opinions

  1. CONSUMERS OIL CORP. OF TRENTON NJ v. United StatesDistrict Court, D. New Jersey · 1960
  2. Austin v. CommissionerUnited States Board of Tax Appeals · 1924
  3. Consolidated Asphalt Co. v. CommissionerUnited States Board of Tax Appeals · 1924
  4. Uvalde Co. v. CommissionerUnited States Board of Tax Appeals · 1925