# Chicago Warehouse Lumber Co. v. Commissioner > United States Board of Tax Appeals · July 24, 1929 · 16 B.T.A. 1416 URL: https://www.frixlaw.com/law-library/cases/4489437 ## Case - **Full name:** CHICAGO WAREHOUSE LUMBER CO., v. COMMISSIONER OF INTERNAL REVENUE - **Court:** United States Board of Tax Appeals - **Decided:** July 24, 1929 - **Citations:** 16 B.T.A. 1416; 1929 BTA LEXIS 2386 - **Precedential status:** Published - **Opinion:** Opinion of the court by Siefkin - **Judges:** Siefkin - **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/4489437 ## Opinion text *1418 OPINION. Siefkin : The petitioner, in order to justify the deduction of $4,800 in 1922, relies upon an oral agreement or understanding in 1922 that such action would be taken. It is clear, however, that corporate ación was not taken until 1923 and, consequently, no liability to pay accrued to the petitioner until that year. See Edward S. Jones et al., 6 B. T. A. 1048. It follows that the action of the respondent in disallowing the deduction in 1922 must be approved. Judgment will be entered for the respondent. --- Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4489437. Public record. Not legal advice.