FARISH v. COMMISSIONER

Docket No. 3462.

4 T.C.M. 199 (1945)

R. A. Farish v. Commissioner.

United States Tax Court.

Entered February 8, 1945.


Attorney(s) appearing for the Case

Herbert F. Baker, C. P. A., 525 Market St., San Francisco, Calif., and A. D. Schaffer, Esq., for the petitioner. B. H. Neblett, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

The respondent determined a deficiency in income tax against R. A. Farish for the year 1941 in the sum of $4,144.43.

The issues are, (1), the determination of the proper basis for depreciation of the petitioner's machinery and equipment, and, (2), whether or not the petitioner is entitled to a deduction for State sales taxes in the amount of $884.61. The respondent also disallowed a deduction for a loss sustained by...

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