United States Board of Tax Appeals October 12, 1925, Docket No. 682. (Northwestern Bakers Supply Co. v. Commissioner)

lead-opinion

This appeal is from the determination of a deficiency in income and profits taxes for 1919 in the amount of $8,879.88. The deficiency is due to the refusal of the Commissioner to assess the tax under the *835provisions of section 328 of the Revenue Act of '1918, and also to the disallowance by the Commissioner of a deduction claimed by the taxpayer on account of a reserve set up by