NORTHWEST TELEPHONE CO. v. COMMISSIONER

Docket No. 108319.

2 T.C.M. 636 (1943)

Northwest Telephone Co. v. Commissioner.

United States Tax Court.

Entered August 17, 1943.


Attorney(s) appearing for the Case

S. J. Bischoff, Esq., and Robert T. Jacob, Esq., 917 Public Service Bldg., Portland, Ore., for the petitioner. E. A. Tonjes, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

HARRON, Judge:

Respondent determined a deficiency in income tax and excess profits tax for the year 1937 in the respective amounts of $371.75 and $244.69. Petitioner concedes one adjustment which respondent made. The only adjustment contested is the disallowance of $1,981.81 for depreciation. The only question in issue is the basis to petitioner of its properties for purposes of computing allowance for depreciation...

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