Opinion
No. 14822.
April 13, 1956.
Samuel Taylor, Walter G. Schwartz, Taylor Schwartz, San Francisco, Cal., for petitioner.
Charles K. Rice, Asst. Atty. Gen., Lee A. Jackson, David O. Walter, Caroline Just, Attys., Dept. of Justice, Washington, D.C., for respondent.
Before HEALY, LEMMON and FEE, Circuit Judges.
This case is here on appeal from a decision of the Tax Court determining that appellant taxpayer did not sustain loss on the voluntary demolition of a theatre building, under § 23(f) of the Internal Revenue Code of 1939, 26 U.S.C.A. § 23(f).
The decision is affirmed on the grounds and for the reasons given in the Tax Court's opinion, reported at 23 T.C. 665.