OPINION
FONES, Justice.
The issue presented here is whether appellee taxpayer forfeits an otherwise valid tax credit under T.C.A. § 67-5814 because of a delinquent filing of its business tax return.
We affirm the Chancellor's decision that the tax credit is not forfeited and was improperly denied by the taxing authority.
On February 14, 1975, appellee filed its business tax return for the taxable year ending November 30, 1974. Appellee...
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.