NORDBLOM ASSOCIATES, INC. v. COMMISSIONER

Docket No. 20425.

15 T.C. 220 (1950)

NORDBLOM ASSOCIATES, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated September 8, 1950.


Attorney(s) appearing for the Case

Lincoln Epworth, Esq., for the petitioner.

Joseph S. Lawless, Jr., Esq., for the respondent.


The respondent determined deficiencies for petitioner's fiscal year ended October 31, 1944, as follows:

Income tax ----------------------------------------------   $1,883.37
Declared value excess-profits tax -----------------------      843.51
Excess profits tax --------------------------------------   18,093.87

The questions raised by the pleadings are as follows:

(1) Is the petitioner entitled to a deduction of $25,000 representing the...

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