Case Name: W. C. Harris, Petitioner, v. Commissioner of Internal Revenue, Respondent
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1927-11-05
Citations: 8 B.T.A. 1234
Docket Number: Docket No. 21060
Parties: W. C. Harris, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: 
Reporter: Reports of the United States Board of Tax Appeals
Volume: 8
Pages: 1234–1235

Head Matter:
W. C. Harris, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 21060.
Promulgated November 5, 1927.
B. M. Webster, Esq., for the petitioner.
P. J. Rose, Esq., for the respondent.

Opinion:
OPINION.
MoRRis:
The question raised by the petitioner has already been considered by the Board and decided adversely to his contention. Harry J. Gutman v. Commissioner, 7 B. T. A. 500; H. E. Newton v. Commissioner, 7 B. T. A. 1153; R. J. Palmer v. Commissioner, 4 B. T. A. 1028; Wm. J. Robb v. Commissioner, 5 B. T. A. 827. In view of those decisions we are of the opinion that the loss sustained by the petitioner in 1921 upon the liquidation of the Healy-Harris Co. was not a " net loss " as defined in section 204 (a) of the Revenue Act of 1921.
Reviewed by the Board.
Judgment will be entered for the respondent.