1. Home
  2. Browse Decisions
  3. F.2d
  4. 217 F.2d
  5. 217 F.2d 252 (1954)
 

ANSLEY v. COMMISSIONER OF INTERNAL REVENUE

No. 11318.

217 F.2d 252 (1954)

Arthur C. ANSLEY, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

United States Court of Appeals Third Circuit.

Decided November 22, 1954.

Attorney(s) appearing for the Case

Victor R. Wolder, New York City, for petitioner.

Grant W. Wiprud, Washington, D. C., (H. Brian Holland, Asst. Atty. Gen., Ellis N. Slack, Robert N. Anderson, Alonzo W. Watson, Jr., Sp. Assts. to the Atty. Gen., on the brief), for respondent.

Before MARIS, McLAUGHLIN and STALEY, Circuit Judges.

STALEY, Circuit Judge.

The Tax Court held that there were deficits in the income tax of Arthur C. Ansley for the years 1945, 1946, and 1947.1 The taxpayer contends on this appeal that the Tax Court erred: (1) in treating an approximate $29,000 loss as a "non-business debt" loss rather than a "business" loss or a loss from a "transaction entered into for profit;"2 (2) in finding that the $29,000 loss was not...

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