IND. DEPT. OF REV. v. WATERFILED [SIC] MTG.

No. 3-279A42.

400 N.E.2d 212 (1980)

INDIANA DEPARTMENT OF REVENUE, Gross Income Tax Division, Appellant (Defendant below), v. WATERFILED [SIC] MORTGAGE COMPANY, Inc., Appellee (Plaintiff below).

Court of Appeals of Indiana, Third District.

Rehearing Denied March 20, 1980.


Attorney(s) appearing for the Case

Theodore L. Sendak, Atty. Gen., Charles D. Rodgers, Deputy Atty. Gen., Indianapolis, for appellant.

Howard L. Chapman, Patrick G. Michaels, Bonahoom, Chapman & McNellis, Fort Wayne, for appellee.


STATON, Judge.

Waterfield Mortgage Company, Inc. (Waterfield) filed a complaint seeking a refund of certain gross income taxes it had paid. The trial court concluded that Waterfield was entitled to the refund and entered judgment accordingly. The State appeals.

We affirm.

I.

Waterfield is engaged in the mortgage banking business. It originates loans with the intention of selling them to permanent investors. The funds for such loans are initially...

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