COMMISSIONER OF INTERNAL REVENUE v. WALDMAN'S ESTATE

No. 64, Docket 22084.

196 F.2d 83 (1952)

COMMISSIONER OF INTERNAL REVENUE v. WALDMAN'S ESTATE.

United States Court of Appeals, Second Circuit.

Decided April 14, 1952.


Attorney(s) appearing for the Case

Theron Lamar Caudle, Asst. Atty. Gen., Ellis N. Slack, A. F. Prescott and George D. Webster, Assts. to the Atty. Gen., Helen Goodner, Washington, D. C., for the petitioner.

Philip Steinman, New York City, for respondent.

Before AUGUSTUS N. HAND, CHASE and FRANK, Circuit Judges.


CHASE, Circuit Judge.

Isidore Waldman formed a partnership with Jack Schoenfield and Sidney Portnow which did business in New York under the firm names of Larolaine Dress Co., and Larolaine Juniors Co., and which was engaged in such business on November 22, 1945, the date of his death. He had reported his income for taxation on the calendar year, cash basis and the partnership had filed its information returns on the basis of fiscal years ending on June 30th.

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