New York, B. & M. B. R. Co. v. Commissioner

DECISION.

The deficiency should be computed by excluding from the taxpayer’s income the amount of the tax borne by the Director General .of Railroads. Appeal of New York, Ontario & Western Ry. Co., 1 B. T. A. 1172. Final determination will be settled' on 7 days’ notice, under Rule 50.