# Keystone Table Co. v. Commissioner

> United States Board of Tax Appeals · January 27, 1925 · 1 B.T.A. 382

URL: https://www.frixlaw.com/law-library/cases/4487303

## Case

- **Full name:** Appeal of KEYSTONE TABLE COMPANY.
- **Court:** United States Board of Tax Appeals
- **Decided:** January 27, 1925
- **Citations:** 1 B.T.A. 382; 1925 BTA LEXIS 2945
- **Precedential status:** Published
- **Opinion:** Opinion of the court by Graupner
- **Judges:** Lansdon, Graupner, Littleton, Smith, Geaupner
- **Cited by:** 0 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/4487303

## Opinion text

*383 OPINION.
Graupner :
The Revenue Act of 1918 contains no provisions which would permit the taxpayer to deduct the loss sustained by it in 1920 from the net income of the year 1921. Section 204(b) of the 1921 act expressly limits the operation of its provisions to losses sustained after December 31, 1920. Section 204(b) of the 1918 act provides no relief for the taxpayer and it is without the privilege granted in the later act; therefore, the determination of the Commissioner must be sustained.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4487303. Public record. Not legal advice.