United States Board of Tax Appeals May 25, 1939, Docket No. 93221. (Keller v. Commissioner)

lead-opinion

*1054opinion-.

Black:

The question involved has been previously stated. The applicable statute is section 302 of the Eevenue Act of 1926 as amended by section 803 (a) of the Eevenue Act of 1932 and section 404 of the Eevenue Act of 1934, the material provisions of which are set out in the margin.1

Petitioners contend that the amount of $20,030.