Case Name: Appeal of ST. PAUL TABLE CO.
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1925-09-30
Citations: 2 B.T.A. 698
Docket Number: Docket No. 2249
Parties: Appeal of ST. PAUL TABLE CO.
Judges: Before Grauener, Trammell, and Phillips.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 2
Pages: 698–699

Head Matter:
Appeal of ST. PAUL TABLE CO.
Docket No. 2249.
Submitted May 19, 1925.
Decided September 30, 1925.
Gha/rles H. Preston, O. P. A., for the taxpayer.
A. Galder Maehay, Esq., for the Commissioner.
Before Grauener, Trammell, and Phillips.

Opinion:
OPINION.
Graupner:
The only issue involved in this appeal is whether the Commissioner erred in refusing to allow as a deduction from income the amount of depreciation which taxpayer claimed it sustained, based on March 1, 1913, values. The deductions for depreciation allowed by the Commissioner were based on cost according to the book values carried by taxpayer and, in the absence of sufficient proof that the books and records maintained by the corporation do not reflect actual investment in plant and buildings, the determination of the Commissioner must be approved.
Arundell not participating.