Court Opinion

ID: 4603011
Source: CourtListenerOpinion
Date Created: 2020-11-20 19:31:02.628181+00
Date Added: 2024-06-11T07:52:46.253226
License: Public Domain

FRANK L. ANDERSON, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.Anderson v. CommissionerDocket No 5625.United States Board of Tax Appeals10 B.T.A. 241; 1928 BTA LEXIS 4153; January 26, 1928, Promulgated *4153 H. L. Washington, Esq., for the petitioner.  O. Bennett, Esq., for the respondent.  LANSDON *241  LANSDON: The respondent has asserted a deficiency in income tax for the year 1921, in the amount of $908.21.  For his cause of action, the petitioner alleges that the respondent erred in disallowing as excessive the deduction from his gross income for the taxable year on account of depletion of certain oil properties.  The petitioner did not appear at the hearing, and the only evidence adduced in his behalf was the testimony of an accountant who had prepared his income-tax returns.  From the testimony in the record we are unable to find as a fact that the petitioner owned any oil properties either in fee or otherwise during the years in question.  Even if such ownership is admitted on the strength of the purely hearsay evidence adduced, there is nothing upon which we can base a conclusion that the respondent is in error.  Judgment will be entered for the respondent.