Case: Tifton Cotton Mills, Petitioner, v. Commissioner of Internal Revenue, Respondent
Abbreviation: Tifton Cotton Mills v. Commissioner
Decision Date: 1928-05-01
Docket Number: Docket No. 24247
Citation: 11 B.T.A. 913
Volume: 11
Reporter: Reports of the United States Board of Tax Appeals
Court: United States Board of Tax Appeals
Jurisdiction: United States
Parties: Tifton Cotton Mills, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: 
Pages: 913–914

Head Matter:
Tifton Cotton Mills, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 24247.
Promulgated May 1, 1928.
II. Thomas Amason, O. P. A., for tbe petitioner.
A. /S'. Lisenby, Esq., for the respondent.

Opinion:
OPINION.
TRAmmell:
There is no controversy here with respect to the basis upon which the deduction on account of exhaustion, wear and tear should be allowed, the only controversy being the rate thereof.
In determining the rate, the respondent adopted the figures of an appraisal company, which company had been employed by the petitioner to make an appraisal of its plant and properties.
The testimony introduced by the petitioner for the purpose of showing that it was entitled to a higher rate of depreciation Avas indefinite and uncertain, and was not sufficient in our opinion to overcome the presumption of the correctness of the respondent's determination. The respondent allowed a greater deduction on account of depreciation than the petitioner had claimed in its original return.
Judgment mil be entered for the respondent.