Memorandum Findings of Fact and Opinion
The respondent determined a deficiency of $42,515.42 in the petitioner's income tax for the period from July 29, 1936 to December 31, 1936, inclusive. In his answer to the amended petition the respondent prayed that the deficiency be increased to $63,442.69 by reason of excessive depreciation originally allowed by him in his notice of deficiency.
The issues now in controversy are:
1. The proper amount of depreciation...
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.