Case Name: Appeal of NEW MARTINSVILLE GLASS MFG. CO.
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1925-11-11
Citations: 2 B.T.A. 1328
Docket Number: Docket No. 3906
Parties: Appeal of NEW MARTINSVILLE GLASS MFG. CO.
Judges: Before Marquette and Morris.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 2
Pages: 1328–1329

Head Matter:
Appeal of NEW MARTINSVILLE GLASS MFG. CO.
Docket No. 3906.
Submitted July 14, 1925.
Decided November 11, 1925.
Robert F. McClure, G. P. A., for the taxpayer.
Filis W. Manning, Esq., for the Commissioner.
Before Marquette and Morris.

Opinion:
OPINION.
Marquette:
The motion of the taxpayer for a continuance and the motion of the Commissioner to dismiss for nonprosecution under Rule 18 are each denied. The Commissioner's answer has admitted that, because of inventory adjustments, the taxpayer's net income for the fiscal year 1918 should be reduced by $26,529.99 instead of by $12,330.29, as used in computing the deficiency.
Neither party has adduced any competent evidence in support of the issues raised by their respective pleadings. With the exception of the above adjustment, the determination of the Commissioner must be approved.