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*332 DECISION.In computing the deficiency in this appeal, bad debt deductions; should be allowed in the amount of $35,939.68, and there should be-included in gross income derived from the Simpson land transaction only the amount of the cash payment of $2,247.50. Otherwise, the, determination of the Commissioner is approved. Final determination will be settled upon 15 days’ notice, pursuant to Rule 50.
Document Info
Docket Number: Docket No. 3930
Citation Numbers: 3 B.T.A. 331
Judges: James, Trussell
Filed Date: 1/14/1926
Precedential Status: Precedential
Modified Date: 7/23/2022