1931 BTA LEXIS 2081 | B.T.A. | 1931
Lead Opinion
The petitioners urge that the operation of the Green-way Farm was a business and hence that the excess each year of cost of operation over receipts (including bookkeeping charges to the owners for produce) was deductible. The Commissioner has held that these were not business losses, and we think that the evidence proves he was right.
Judgment uñll be entered for the resfondent.