# S. C. Toof & Co. v. Commissioner > United States Board of Tax Appeals · December 29, 1930 · 21 B.T.A. 916 URL: https://www.frixlaw.com/law-library/cases/4491544 ## Case - **Full name:** S. C. TOOF & CO., v. COMMISSIONER OF INTERNAL REVENUE - **Court:** United States Board of Tax Appeals - **Decided:** December 29, 1930 - **Citations:** 21 B.T.A. 916; 1930 BTA LEXIS 1763 - **Precedential status:** Published - **Opinion:** Dissent by Muhdock - **Judges:** Muhdock, Consideration, Steenhagen, Love - **Cited by:** 1 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/4491544 ## Opinion text Muhdock, dissenting: I dissent from that part of the opinion which under the third and fourth issues approves the inventory method used by the petitioner. This method was inadequate and inaccurate, and so far as we know there was no justification or excuse for its use. It is not in accordance with the best accounting principles and it is not authorized by the Commissioner’s regulations or the revenue acts. Consequently, the petitioner should have no relief from such adjustments as were here made until it changes its method of taking inventory. Otherwise, I concur in the result reached in the prevailing opinion. --- Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4491544. Public record. Not legal advice.