United States Board of Tax Appeals March 29, 1940, Docket Nos. 95002, 95003, 95004, 95005. (Crabb v. Commissioner)

lead-opinion

*695OPINION.

Black:

We shall first consider assignment of error (b). In approaching this issue a brief review of what the parties have done and are now contending may be helpful. A partnership return for Jas. F. Welder Heirs was filed for 1936 showing a net income of $399,-183.