The respondent determined a deficiency in petitioner's income tax liability for the year 1941 in the amount of $26,779.90. The parties have disposed of one issue under a stipulation which will be given effect under Rule 50. Petitioner has waived one claim for depreciation deductions on certain property.
Petitioner is a member of a copartnership which carries on business under the name of "Truman Bowen Company and J. L. McLaughlin." Respondent has determined that the...
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.
