Case Name: Horace I. Lepman, Petitioner, v. Commissioner of Internal Revenue, Respondent; Jesse M. Lepman, Petitioner, v. Commissioner of Internal Revenue, Respondent
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1929-03-11
Citations: 15 B.T.A. 767
Docket Number: Docket Nos. 28581, 28582
Parties: Horace I. Lepman, Petitioner, v. Commissioner of Internal Revenue, Respondent. Jesse M. Lepman, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: 
Reporter: Reports of the United States Board of Tax Appeals
Volume: 15
Pages: 767–767

Head Matter:
Horace I. Lepman, Petitioner, v. Commissioner of Internal Revenue, Respondent. Jesse M. Lepman, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket Nos. 28581, 28582.
Promulgated March 11, 1929.
Jesse /. Miller, Esq., for the petitioners.
E. W. Shinn, Esq., and E. M. Niess, Esq., for the respondent.

Opinion:
PINION.
Van Fossan:
The action of the respondent is approved. W. C. Harris, 8 B. T. A. 1234; Isidore Finkelstein, 10 B. T. A. 585; Meyer Levy, 10 B. T. A. 907. The loss sustained by petitioners was not such a loss as is permitted to be deducted in subsequent years.
Judgment will be entered for the respondent.