1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 12 T.C.M.
  5. 12 T.C.M. 196 (1953)
 

ESTATE OF HARRISON v. COMMISSIONER

Docket No. 33118.

12 T.C.M. 196 (1953)

Estate of Lawrence Harrison, Deceased, Martin Kingsley, Executor, v. Commissioner.

United States Tax Court.

Entered February 27, 1953.

Attorney(s) appearing for the Case

Martin Kingsley, Esq., for the petitioner. Robert Margolis, Esq., for the respondent.

Memorandum Findings of Fact and Opinion

The Commissioner had a deficiency in petitioner's income tax for the year 1943, of $26,633.21 and a fraud penalty of $13,316.61. The deficiencies are based upon adjustments for the years 1942 and 1943. The year 1942 is involved because of the Current Tax Payment Act of 1943. The main adjustments are for 1943 and are as follows:

  (a) Deductible Expenses Disallowed ..  $ 7,072.31
  (b) Bad Debt Disallowed .......

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
  1. 
                                        
  2. 
                                        
  3. 
                                    

                                

                                

                                    
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