Memorandum Findings of Fact and Opinion
FISHER, Judge:
Respondent determined deficiencies in income tax against petitioners for the taxable years 1954 and 1955 in the respective amounts of $685.14 and $849.42.
The issue to be considered is whether or not a loss sustained by petitioner in the year 1953, on the disposition of the assets of his business, is allowable as a net operating loss deduction for carry-over purposes within the meaning of section...
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.
