United States Board of Tax Appeals April 13, 1928, Docket No. 11400 (Griffith v. Commissioner)

*568OPINION.

Lansdon:

The respondent asserts deficiencies and penalties for each of the years here involved, and bases his action on the method of dual bank deposits practiced by the petitioner. It appears, however, that upon final audit, after conference with the petitioner, he conceded that the greater part of the amounts evidenced by duplicate deposit tickets was not income.