ALLEN-BRADLEY CO. v. COMMISSIONER OF INTERNAL REVENUE

No. 7142.

112 F.2d 333 (1940)

ALLEN-BRADLEY CO. v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Seventh Circuit.

May 29, 1940.


Attorney(s) appearing for the Case

Louis Quarles, Maxwell H. Herriott, and Irving T. Babb, all of Milwaukee, Wis., for petitioner.

J. P. Wenchel and Claude R. Marshall, both of Washington, D. C., Samuel O. Clark, Jr., Asst. Atty. Gen., and Sewall Key, Norman D. Keller, and Edward M. English, Sp. Assts. to Atty. Gen., for respondent.

Before EVANS, TREANOR, and KERNER, Circuit Judges.


KERNER, Circuit Judge.

This is a petition for the review of a decision of the Board of Tax Appeals finding additional income taxes due from petitioner for the year 1934. The assessment amounting to $1,107.01 resulted from the disallowance of a deduction of $8,351.45 claimed to be a bad debt, ascertained to be worthless and charged off during the taxable year.

The petitioner, a corporation organized under the laws of Wisconsin, is engaged in the manufacture...

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