Badger Lumber Co. v. Commissioner

BADGER LUMBER COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Badger Lumber Co. v. Commissioner

Docket No. 31109.

United States Board of Tax Appeals

29 B.T.A. 363; 1933 BTA LEXIS 949;

November 21, 1933, Promulgated

1. Certain adjustments of investment capital made by the respondent allowed in part and disallowed in part.

2. Established facts do not sustain petitioner's claim for special assessment.

Phil D. Morelock, Esq., for the petitioner.

T. M. Mather, Esq., for the respondent.

LANSDON

This appeal is brought to set aside the respondent's determination of income and profits taxes…