Memorandum Findings of Fact and Opinion
The Commissioner determined a deficiency of $1,489.14 in the income tax of the petitioner for 1946. The two issues for decision are whether $8,600.74, representing uncollected commissions of a salesman of a partnership in which the petitioner had a one-half interest, was income of the partnership for 1946, and whether the partnership was entitled to a deduction of $7,000 for 1946 paid in settlement of a suit brought against...
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.
