Court of Appeals for the Ninth Circuit January 13, 1936, No. 7826 (California Barrel Co. v. Commissioner)

HANEY, Circuit Judge.

The petition herein asks review of an order of the Board of Tax Appeals entered in favor of the Commissioner in a proceeding wherein the petitioner sought an order determining that it was entitled to deduct $306,348.56 in computing its net income for the calendar year 1927, such deduction being part of an alleged loss sustained by another corporation in 1925.