Legal Opinion
Kasper v. Banek
Court of Appeals for the Eighth Circuit
Decided June 29, 1954No. 14956_1PublishedCited by 14 opinions
1Opinion of the Court
SANBORN, Circuit Judge.
J. B. Banek, of McLaughlin, South Dakota, is and has been for many years a grower of small grain who reports his income, for federal tax purposes, upon a cash and calendar year basis. In October 1947 he had most of his 1947 crop in storage in the grain elevator operated by W. E. Kurle at McLaughlin. Banek sold the stored grain to Kiirle, who did not pay for it until after January 1| 1948. Banek regarded the proceeds of sale of the grain, sold to Kurle in October 1947, as 1948 income and included it in his return for that year. Upon an audit of Banek’s 1947 return, the…
2Cases cited9 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Elzig v. GudwangenCourt of Appeals for the Eighth Circuit · 1937
- Rasmussen v. GreslyCourt of Appeals for the Eighth Circuit · 1935
- Trainor Co. v. Aetna Casualty & Surety Co.Supreme Court of the United States · 1933
- Noland v. Buffalo Ins. CoCourt of Appeals for the Eighth Circuit · 1950
4 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Cowden v. CommissionerCourt of Appeals for the Fifth Circuit · 1961
- John E. Reed v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1983
- Schniers v. CommissionerUnited States Tax Court · 1977
- Goldsmith v. United StatesUnited States Court of Claims · 1978
- Bobby Warren and Modelle Warren v. United StatesCourt of Appeals for the Fifth Circuit · 1980
9 more not listed; retrieve them via the Exa API.