1. Home
  2. Browse Decisions
  3. F.2d
  4. 301 F.2d
  5. 301 F.2d 33 (1962)
 

HUMPHREYS v. C. I. R.

No. 14577.

301 F.2d 33 (1962)

Herbert HUMPHREYS and Wilda Humphreys, Husband and Wife, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

United States Court of Appeals Sixth Circuit.

April 11, 1962.

Attorney(s) appearing for the Case

Edward J. Lawler, Memphis, Tenn., for petitioners, J. Fraser Humphreys, J. Lester Crain, Jr., Memphis, Tenn., on the brief.

Gilbert E. Andrews, Dept. of Justice, Washington, D. C., for respondent, Louis F. Oberdorfer, Asst. Atty. Gen., Lee A. Jackson, Melva M. Graney, Attys., Dept. of Justice, Washington, D. C., on the brief.

Before WEICK and O'SULLIVAN, Circuit Judges, and DARR, Senior District Judge.

PER CURIAM.

The Tax Court upheld income tax deficiencies against petitioners for the years 1954 and 1955 on the authority of Maysteel Products, Inc. v. Commissioner, 33 T.C. 1021.

These deficiencies resulted from disallowance of deductions claimed for amortization of bond premiums1 which were in addition to deductions taken for gifts to charity of petitioners' equity in the same bonds.

Maysteel...

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