Memorandum Findings of Fact and Opinion
The respondent determined a deficiency in the income tax of petitioner in the amount of $7,080.53 for the fiscal year ending June 30, 1953.
The sole issue is whether the petitioner, during its fiscal year ending June 30, 1953, sustained an ordinary loss or a loss from a bad debt as the result of certain transactions in October and November 1952.
Findings of Fact
Petitioner is an Arizona corporation...
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.