United States Tax Court October 17, 1950, Docket No. 18624. (Claussner Hosiery Co. v. Commissioner)

Claussner Hosiery Company v. Commissioner. Claussner Hosiery Co. v. Commissioner Docket No. 18624. United States Tax Court 1950 Tax Ct. Memo LEXIS 74; 9 T.C.M. (CCH) 891; T.C.M. (RIA) 50244; October 17, 1950 *74 In the years 1945 and 1946 the petitioner had certain knitting machines whose useful life had expired and whose cost had been fully recovered by deductions for depreciation.