Court Opinion

ID: 4489309
Source: CourtListenerOpinion
Date Created: 2020-01-17 22:01:46.882736+00
Date Added: 2024-06-11T15:03:54.899589
License: Public Domain

MilliueN,
concurring in the result: I concur in the result reached in this case with respect to the depreciation reserve for invested capital purposes. I am of the opinion, however, that too narrow an interpretation has been placed on the cases of Cleveland Home Brewing Co., 1 B. T. A. 87; Russell Milling Co., 1 B. T. A. 194; Rub-No-More Co., 1 B. T. A. 228; City National Bank, 2 B. T. A 623; Marigold Garden Co., 6 B. T. A. 368.
Phillips concurs in the. above.