United States Board of Tax Appeals April 7, 1925, Docket No. 1643. (Twin Falls Title & Abstract Co. v. Commissioner)

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United States · · · 07-04-1925

lead-opinion

DECISION.

The amount of $122.60, representing depreciation on office furniture and fixtures, is an allowable deduction from gross income for the calendar year 1920, and the deficiency should be recomputed to reflect this item.

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