United States Board of Tax Appeals March 10, 1930, Docket No. 38677 (Frederick Fox & Co. v. Commissioner)

*234OPINION.

Seawell:

The general rule for the amortization of the cost of improvements made by a lessee upon leased premises is that such cost shall be spread over the life of the improvements or the term of the lease, whichever is shorter. Duffy v. Central Railroad Co. of New Jersey, 268 U. S. 55.