United States Board of Tax Appeals August 19, 1936, Docket No. 80484. (McLoughlin v. Commissioner)

lead-opinion

*966OPINION.

Arundell:

This proceeding is in all material respects like that of Clarence M. Freedman, 34 B. T. A. 956, decided this day. The arguments of the parties are along the same lines in both cases and it is unnecessary in this case to repeat our views on the several points urged.