Case Name: Henry V. Poor, Petitioner, v. Commissioner of Internal Revenue, Respondent
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1928-04-23
Citations: 11 B.T.A. 781
Docket Number: Docket No. 14261
Parties: Henry V. Poor, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: 
Reporter: Reports of the United States Board of Tax Appeals
Volume: 11
Pages: 781–782

Head Matter:
Henry V. Poor, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 14261.
Promulgated April 23, 1928.
John Drye, Jr., Esq., for the petitioner.
A. 8. Lisenhy, Esq., for the respondent.

Opinion:
OPINION.
Littleton:
The Board has heretofore had occasion to consider the question involved in this proceeding, wherein it was held that a taxpayer conld not take as a deduction the loss of a gain which had not been reflected in income. Charles A. Collin, 1 B. T. A. 305; J. Noble Hayes, 7 B. T. A. 936.
The Board is of the opinion that the cases mentioned preclude the allowance of the deduction of the interest on the judgment herein claimed by petitioner.
Judgment will be entered for the respondent.