United States Board of Tax Appeals June 10, 1925, Docket No. 1569. (Messenger Publishing Co. v. Commissioner)

lead-opinion

This is an appeal from a determination of a deficiency in income and profits taxes for the fiscal years ended January 31, 1920, and January 31, 1921, in the amount of $1,404.87. The appeal was submitted upon the pleadings, deficiency letter, internal-revenue agent’s report, and findings of fact made by the Income Tax -Unit.

FINDINGS OF FACT.