Case: Eastern Shoe Manufacturing Co., Petitioner, v. Commissioner of Internal Revenue, Respondent
Abbreviation: Eastern Shoe Manufacturing Co. v. Commissioner
Decision Date: 1927-11-03
Docket Number: Docket No. 12163
Citation: 8 B.T.A. 1169
Volume: 8
Reporter: Reports of the United States Board of Tax Appeals
Court: United States Board of Tax Appeals
Jurisdiction: United States
Parties: Eastern Shoe Manufacturing Co., Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: Considered by Littleton, Trussell, and Love.
Pages: 1169–1170

Head Matter:
Eastern Shoe Manufacturing Co., Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 12163.
Promulgated November 3, 1927.
Samuel J. Stone, Esq., for the petitioner.
L. C. Mitchell, Esq., for the respondent.

Opinion:
OPINION.
Smith :
The taxing act permits a corporate taxpayer to deduct from gross income in its income-tax returns ordinary and necessary expenses. Section 234(a)(1), Revenue Act of 1921. The respondent disallowed the deduction of the cost of moving and resetting machines upon the supposition that it represented the cost of improvements and betterments. The evidence clearly shows, however, that such was not the case. The amount was a legal deduction from gross income.
Judgment will be entered on 16 days' notice, under Rule 60.
Considered by Littleton, Trussell, and Love.