HARRON, Judge:
The Commissioner determined deficiencies in income tax for the years 1951, 1952, and 1953 in the respective amounts of $6,938.63, $2,352.64, and $748.38. The year 1950 is involved because petitioner claims a deduction in 1950, which if allowed results in a net operating loss for 1950 which petitioner would be entitled to carry over to the taxable years.
The issues to be decided involve the provisions of section 24 (c) of the 1939 Code...
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.
