EVANS, Circuit Judge.
Petitioner asks that a loss of $9,027, which he suffered in the year 1935, be treated as a bad debt in determining his income tax for that year. Respondent argues that the loss was a "capital loss," not a "bad debt," and should be deducted from petitioner's income as the statute prescribes in the case of a capital loss. The Board of Tax Appeals sustained the Commissioner and found, against petitioner's rather persuasive argument, that his loss...
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