Case Name: Appeal of WEST VIRGINIA & PENNSYLVANIA COAL & COKE CO.
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1925-03-17
Citations: 1 B.T.A. 790
Docket Number: Docket No. 633
Parties: Appeal of WEST VIRGINIA & PENNSYLVANIA COAL & COKE CO.
Judges: Before Geaupnee, Lansdon, Littleton, and Smith.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 1
Pages: 790–792

Head Matter:
Appeal of WEST VIRGINIA & PENNSYLVANIA COAL & COKE CO.
Docket No. 633.
Submitted March 2, 1925;
decided March 17, 1925.
Frank A. Willson, G. P. A., for the taxpayer.
Ward Loveless, Esq., for the Commissioner.
Before Geaupnee, Lansdon, Littleton, and Smith.

Opinion:
DECISION.
The deficiency determined by the Commissioner is allowed in part and disallowed in part. The deduction of $625 claimed by the taxpayer for exhaustion of its lease during 1920 is allowed. Additional depreciation of $934.21 and a deduction of $4,243.82 as a bad debt are disallowed. The correct deficiency will be determined by the Board upon recomputation on consent or on seven days' notice in accordance with Bule 50.