Case: Ralston Steel Car Co., Petitioner, v. Commissioner of Internal Revenue, Respondent
Abbreviation: Ralston Steel Car Co. v. Commissioner
Decision Date: 1929-04-12
Docket Number: Docket Nos. 7640, 18158
Citation: 15 B.T.A. 1416
Volume: 15
Reporter: Reports of the United States Board of Tax Appeals
Court: United States Board of Tax Appeals
Jurisdiction: United States
Parties: Ralston Steel Car Co., Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: 
Pages: 1416–1417

Head Matter:
Ralston Steel Car Co., Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket Nos. 7640, 18158.
Promulgated April 12, 1929.
E. G. Turner, Esq., and Paul Armitage, Esq., for the petitioner.
A. H. Fast, Esq., and H. D. Thomas, Esq., for the respondent.

Opinion:
OPINION'.
Siefkin :
The voluminous evidence in these proceedings of well qualified witnesses leads us to the practical certainty that the so-called Ralston patents had an actual cash value of $600,000 at the time paid in to the petitioner.
Error is alleged in Docket No. 18158 as to the disallowance for the year 1918 of depreciation on the cost of the patents. No such error is alleged in Docket No. 7640, relating to 1920. We are unable to determine from the record that any amount was disallowed or that the deficiencies asserted are thereby affected. On that question, therefore, we must hold against the petitioner.
Judgment will be entered under Rule 50.