MORRIS, Judge.
Appellant's only assignment of error is the signing and entering of the judgment sustaining the Commissioner of Revenue and dismissing the action.
G.S. § 105-147 entitled "Deductions" provides:
"In computing net income there shall be allowed as deductions the following items: * * * (9) Losses of such nature as designated below: * * * b. Losses of property not connected with a trade or business sustained in the income year if arising...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.