Case Name: Appeal of THE TWIN FALLS TITLE & ABSTRACT CO.
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1925-04-07
Citations: 1 B.T.A. 962
Docket Number: Docket No. 1643
Parties: Appeal of THE TWIN FALLS TITLE & ABSTRACT CO.
Judges: Before Gkatjpner, LaNsdoN, and Littleton.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 1
Pages: 962–962

Head Matter:
Appeal of THE TWIN FALLS TITLE & ABSTRACT CO.
Docket No. 1643.
Submitted March 25, 1925;
decided April 7, 1925.
W. Frank Gibbs, Esq., for the Commissioner.
Before Gkatjpner, LaNsdoN, and Littleton.

Opinion:
DECISION.
The amount of $122.60, representing depreciation on office furniture and fixtures, is an allowable deduction from gross income for the calendar year 1920, and the deficiency should be recomputed to reflect this item. The determination of the Commissioner with respect to the claimed deductions representing alleged payment for an automobile and depreciation on automobiles, is approved. The amount of the deficiency will be finally settled on consent or on ten days' notice in accordance with Bule 50.