Court of Appeals for the Third Circuit September 12, 1950, 10166-10169_1 (Commissioner of Internal Revenue v. Switlik (Four Cases))

KALODNER, Circuit Judge.

These petitions for review present a novel facet of a problem not unfamiliar in the field of tax law. The question is ■whether payments made by the taxpayers in 1944 in satisfaction of their respective liabilities as transferees are deductable as ordinary losses in that taxable year.