JOHNSTON v. BAIRD

No. 7962.

254 P.2d 683 (1953)

JOHNSTON v. BAIRD et al.

Supreme Court of Idaho.

March 13, 1953.


Attorney(s) appearing for the Case

W. A. Johnston, Boise, for appellant.

Robert E. Smylie, Atty. Gen., and J. N. Leggat, Asst. Atty. Gen., for respondent.


KEETON, Justice.

In June, 1948, a fire destroyed approximately 300 acres of pasture and forage on appellant's ranch. Appellant asserts the cost of the pasture and forage was not less than $1000 and sought a deduction in that amount from net income on his state income tax return, under section 63-3016, subds. 4(a) and 6, I.C.

Sec. 63-3016 I.C. reads:

"In computing net income there shall be allowed as deductions: * * * * * "4. (a...

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