Memorandum Findings of Fact and Opinion
DISNEY, Judge:
This proceeding involves income taxes in the amount of $17,259.32 and declared value excess-profits tax in the amount of $1,564.65, both for the calendar year 1939. Deficiencies were determined by the Commissioner in the above amounts. The only question presented is whether sums received by the petitioner during the calendar year in settlement of litigation constituted taxable income. From evidence,...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
