K W HEREFORD FARMS, INC. v. COMMISSIONER

Docket No. 1000-64.

26 T.C.M. 775 (1967)

T.C. Memo. 1967-163

K W Hereford Farms, Inc. v. Commissioner.

United States Tax Court.

Filed August 4, 1967.


Attorney(s) appearing for the Case

Rex J. Ryden, Tremont Bldg., Marshalltown, Iowa, for the petitioner. Glenn L. Strong, for the respondent.


Memorandum Findings of Fact and Opinion

BRUCE, Judge:

Respondent determined a deficiency of $898.56 in corporation income tax for the taxable year ended October 31, 1960. The only issue presented for determination herein is whether, for the purposes of computing its net operating loss carryover from the taxable year ending October 31, 1959 to the taxable year ending October 31, 1960, petitioner is entitled to a deduction for $2,670 of interest accrued October...

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