Memorandum Findings of Fact and Opinion
DISNEY, Judge:
This case involves income tax for the calendar year 1942. Deficiency was determined in the amount of $5,124.33. Of that amount $828.93 is not contested leaving the amount in controversy $1,295.40. The sole issue presented is whether the petitioner is entitled to deduction of $10,000 because of alleged partial worthlessness of a debt due from Colonial Fuel Co. and charged off in the taxable year. From...
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.
