COMMISSIONER OF INT. REV. v. COMMUNITY PUB. SERV. CO.

No. 13049.

183 F.2d 765 (1950)

COMMISSIONER OF INTERNAL REVENUE v. COMMUNITY PUBLIC SERVICE CO.

United States Court of Appeals Fifth Circuit.

August 5, 1950.


Attorney(s) appearing for the Case

Howard P. Locke, Sp. Asst. to the Atty. Gen., Theron Lamar Caudle, Asst. Atty. Gen., Ellis N. Slack, Sp. Asst. to the Atty. Gen., Charles Oliphant, Chief Counsel, Bur. Int. Rev. and Claude R. Marshall, Sp. Atty., Bur. Int. Rev., Washington, D. C., Helen Goodner, Sp. Asst. to Atty. Gen., Carlton Fox, Sp. Asst. to Atty. Gen., for petitioner.

Sam G. Winstead, J. P. Jackson, Dallas, Texas, Bennett L. Smith, Ft. Worth, Texas, for respondent.

Before HUTCHESON, Chief Judge, and McCORD and RUSSELL, Circuit Judges.


HUTCHESON, Chief Judge.

This is another of the instances, all too common in tax cases, in which the present uncoordinated, disconnected, and, to the uninitiate, unrelated, patchwork state of the Income Tax Statutes raises difficulties in the way of a correct solution of the tax puzzle the particular case presents.1

The question posed, the problem presented, here is whether the Tax Court was right in holding that, in computing its...

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