Case: Chatham Railroad Co., Petitioner, v. Commissioner of Internal Revenue, Respondent
Abbreviation: Chatham Railroad v. Commissioner
Decision Date: 1927-11-14
Docket Number: Docket No. 9493
Citation: 9 B.T.A. 94
Volume: 9
Reporter: Reports of the United States Board of Tax Appeals
Court: United States Board of Tax Appeals
Jurisdiction: United States
Parties: Chatham Railroad Co., Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: Considered by Littleton, Smith, and Love.
Pages: 94–94

Head Matter:
Chatham Railroad Co., Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 9493.
Promulgated November 14, 1927.
James 8. Y. Ivins, Esq., for the petitioner.
M. N. Fisher, Esq., for the respondent.

Opinion:
OPINION.
TRUssell:
The issue presented has been decided by the Board in the Appeal of Norwich & Worcester Railroad Co., 2 B. T. A. 215, and Concord & Portsmouth Railroad v. Commissioner, 8 B. T. A. 505. Following those decisions, petitioner's taxes for the years 1921, 1922, and 1923 should be recomputed by including in income for each year the amount of the tax due and paid in that year by the lessee on petitioner's income of the next preceding year.
Judgment will he entered on 15 days' notice, pursuant to Rule 50.
Considered by Littleton, Smith, and Love.