ELIA v. COMMISSIONER

Docket No. 56257.

16 T.C.M. 1097 (1957)

T.C. Memo. 1957-238

Pete Elia and Leonie Elia v. Commissioner.

United States Tax Court.

Filed December 27, 1957.


Attorney(s) appearing for the Case

Eli Grubic, Esq., for the petitioners. Aaron S. Resnik, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

TRAIN, Judge:

Respondent determined a deficiency of $11,244.54 in petitioners' income tax for the year 1948. Of this deficiency, petitioners dispute only $5,211.86 resulting from the disallowance of depreciation on certain livestock.

Findings of Fact

This case was submitted on the basis of a stipulation of facts and depositions submitted at the time of trial. The stipulated facts are adopted as findings...

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