HARWELL v. COMMISSIONER

Docket No. 7842.

6 T.C.M. 541 (1947)

E. P. Harwell and Mary W. Harwell v. Commissioner.

United States Tax Court.

Entered May 15, 1947.


Attorney(s) appearing for the Case

Philip L. Kelton, Esq., and W. L. Clark, C. P. A., 410 Nat. Bank of Tulsa Bldg., Tulsa 3, Okla., for the petitioners. Allen T. Akin, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

DISNEY, Judge:

This proceeding involves a deficiency of $24,883.86 in income tax for 1940, resulting, in part, from the disallowance by respondent of a deduction of $383,734.40 for a loss alleged to have been sustained upon the surrender of title to certain tracts of land. The only issue involved herein is whether the disallowance of the deduction was proper. The parties...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases