Legal Opinion
Lumaghi Coal Co. v. Helvering
Court of Appeals for the Eighth Circuit
Decided January 5, 1942No. 11940PublishedCited by 6 opinions
1Opinion of the Court
WOODROUGH, Circuit Judge.
This is a proceeding to review a decision of the Board of Tax Appeals sustaining a deficiency in income tax of Lumaghi Coal Company for the year 1934 assessed by the Commissioner upon his determination that the coal company was entitled only to $13,-637.15 depletion deduction, and not to $29,-354.41, the amount taken by the taxpayer on its return. The case involves the determination of the amount allowable to the taxpayer as a deduction for depletion under Section 114(b) (4) of the Revenue Act of 1934, 26 U.S.C.A. Int.Rev.Code, § 114(b) *646(4), which allows in the case…
2Cases cited6 opinions
- Hormel v. HelveringSupreme Court of the United States · 1941
- Helvering v. TaylorSupreme Court of the United States · 1935
- Greensboro Gas Co. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1935
- Consumers Natural Gas Co. v. Commissioner of Int. Rev.Court of Appeals for the Second Circuit · 1935
- Clements v. COMMISSIONER OF INTERNAL REVENUECourt of Appeals for the Eighth Circuit · 1937
1 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Dravo Corporation v. The United StatesUnited States Court of Claims · 1965
- Patton v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1948
- National Weeklies v. Com'r of Internal RevenueCourt of Appeals for the Eighth Circuit · 1943
- Island Creek Coal Co. v. CommissionerUnited States Tax Court · 1964
- Island Creek Coal Co. v. CommissionerUnited States Tax Court · 1964
1 more not listed; retrieve them via the Exa API.