Lepman v. Commissioner

PINION.

Van Fossan:

The action of the respondent is approved. W. C. Harris, 8 B. T. A. 1234; Isidore Finkelstein, 10 B. T. A. 585; Meyer Levy, 10 B. T. A. 907. The loss sustained by petitioners was not such a loss as is permitted to be deducted in subsequent years.

Judgment will be entered for the respondent.