STANDARD GALVANIZING CO. v. COMMISSIONER OF INT. REV.

No. 10705.

202 F.2d 736 (1953)

STANDARD GALVANIZING CO. v. COMMISSIONER OF INTERNAL REVENUE.

United States Court of Appeals Seventh Circuit.

March 17, 1953.


Attorney(s) appearing for the Case

Rayford W. Lemley, John E. Owens and Vincent G. Rinn, Chicago, Ill., for petitioner.

H. Brian Holland, Asst. Atty. Gen., Alonzo W. Watson, A. F. Prescott, Ellis N. Slack, Sp. Assts. to Atty. Gen., for respondent.

Before MAJOR, Chief Judge, and FINNEGAN and SWAIM, Circuit Judges.


SWAIM, Circuit Judge.

The Tax Court of the United States redetermined an income tax deficiency against the Standard Galvanizing Co. of Illinois in the amount of $16,500.00 for the year 1944. The case is here on a petition to review that decision. The controversy arose over a claimed deduction for legal fees as an ordinary and necessary business expense under Section 23(a) (1) (A) of the Internal Revenue Code, 26 U.S.C.A....

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