CRANBERRY IMPROVEMENT COMPANY v. SMITH

Civ. A. No. 12132.

126 F.Supp. 822 (1954)

CRANBERRY IMPROVEMENT COMPANY, John C. Groome, Jr. and E. C. Dolbow, Sr., Liquidating Trustees v. Francis R. SMITH, Collector of Internal Revenue for the First District of Pennsylvania.

United States District Court, E. D. Pennsylvania.

November 1, 1954.


Attorney(s) appearing for the Case

Charles S. Jacobs and Robert R. Batt (of Ballard, Spahr, Andrews & Ingersoll), Philadelphia, Pa., for plaintiffs.

W. Wilson White, U. S. Atty., Philadelphia, Pa., for defendant.


GANEY, District Judge.

This action was brought to recover income tax for the year 1943 and excess profits tax for 1944 totaling $25,810.71 alleged to have been erroneously paid by the taxpayer, a corporation which was in the business of mining coal.

Our problem is to determine the correct amount of the net loss sustained by the taxpayer in the year 1945 and the resultant net operating loss and unused excess profits credits of that year available for carry...

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