Poor v. Comm'r, 11 B.T.A. 781 (1928)
11 B.T.A. 781
US-DOC-22917694
locator
Case details
Bluebook Citation
Poor v. Comm'r, 11 B.T.A. 781 (1928)
Full caption
Henry V. Poor, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Country
United States
Jurisdiction
Federal
Court
B.T.A.
Decided
Apr. 23, 1928
Disposition
Decision Entered for Respondent
Docket No. 14261. Promulgated April 23, 1928.
John Drye, Jr., Esq., for the petitioner.
A. 8. Lisenhy, Esq., for the respondent.
OPINION.
Littleton: The Board has heretofore had occasion to consider the question involved in this proceeding, wherein it was held that a taxpayer conld not take as a deduction the loss of a gain which had not been reflected in income. Charles A. Collin, 1 B. T. A. 305; J. Noble Hayes, 7 B. T. A. 936.
The Board is of the opinion that the cases mentioned preclude the allowance of the deduction of the interest on the judgment herein claimed by petitioner.
Judgment will be entered for the respondent.