Case Name: Appeal of Stimpson Computing Scale Co.
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1926-11-29
Citations: 5 B.T.A. 669
Docket Number: Docket No. 2722
Parties: Appeal of Stimpson Computing Scale Co.
Judges: 
Reporter: Reports of the United States Board of Tax Appeals
Volume: 5
Pages: 669–670

Head Matter:
Appeal of Stimpson Computing Scale Co.
Docket No. 2722.
Promulgated November 29, 1926.
Harry Friedman, Esq., and Edward McCarthy, Jr., Esq., for the petitioner.
l/Villis D. Nance, Esq., for the Commissioner.

Opinion:
OPINION.
Marquette:
In Appeal of Butlers Warehouses, Inc., 1 B. T. A. 851, and Appeal of Crowell & Little Construction Co., 3 B. T. A. 829, the Board held that net losses sustained under the circumstances set forth in the findings of fact were not properly deductible from the income of the following year. We find no sufficient reason to change the decisions therein made, and on the authority of those appeals the action of the Commissioner in disallowing such deductions must be sustained.
The deficiency for the year 1920 is $1^19,08. Order will he entered accordingly.