Case Name: Gertrude B. Whittemore, Petitioner, v. Commissioner of Internal Revenue, Respondent
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1927-02-28
Citations: 6 B.T.A. 339
Docket Number: Docket No. 8518
Parties: Gertrude B. Whittemore, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: 
Reporter: Reports of the United States Board of Tax Appeals
Volume: 6
Pages: 339–339

Head Matter:
Gertrude B. Whittemore, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 8518.
Promulgated February 28, 1927.
Nelson S. Speneer, Esq., for the petitioner.
W. F. Gibbs, Esq., for the respondent.

Opinion:
OFINION.
MoRRis:
The question raised by the petitioner has previously been considered by us and decided adversely to petitioner's contention. Appeal of Even Realty Co., 1 B. T. A. 355. After the decision of the Court of " Claims in Ludey v. United States, 61 Ct. Cls. 126, which is cited in the petitioner's brief, we again carefully considered the question;- and x-eached the conclusion, although reluctantly disagreeing 'With the Opinion of the above'court, for which we have the greatest respect, that, in determining gain or loss upon the sale of depreciable property, due allowance must-be made for 'depreciation whether or hot deductions therefor had been taken by the taxpayer in prior-years. ' Appeals of Cotton Concentration Co., 4. B. T. A. 121; Capital City Investment Co., 4 B. T. A. 933, and Island Line Shipping Co. v. Commissioner, 4 B. T. A. 1055.
Judgment will be entered for the respondent.