SHELBOURNE, District Judge.
On its income tax return for the calendar year 1943, the Providence Coal Mining Company accounted for the sale of a coal tipple, steel rails, wire and other personalty for which it received $24,346.11, from a mine referred to in the evidence as No. 3, which it had operated up to May 1, 1942, as a sale of capital assets and taxable under Section 117(j) of the Internal Revenue Code of 1942, 26 U.S.C.A. § 117(j).
It deducted on...
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