Legal Opinion
Benedum v. Granger, Collector of Internal Revenue (Two Cases)
Court of Appeals for the Third Circuit
Decided March 14, 1950No. 10012_1PublishedCited by 8 opinions
1Opinion of the Court
HASTIE, Circuit Judge.
Plaintiffs, M. L. and Sarah N. Benedum, sought and obtained separate judgments in the District Court for sums claimed as refunds of overpayments of income taxes. 1
The items in controversy are certain losses shown in the Benedums’ 1936 income tax returns. The Benedums have at all times claimed that these losses may lawfully be set up as bad debts deductible in full from gross income. The defendant, the Collector of Internal Revenue, insists that the losses in question fall exclusively in the category of capital losses for which only limited deductions are allowable.
The…
2Cases cited11 opinions
- Spring City Foundry Co. v. CommissionerSupreme Court of the United States · 1934
- Helvering v. Alabama Asphaltic Limestone Co.Supreme Court of the United States · 1942
- Helvering v. Cement Investors, Inc.Supreme Court of the United States · 1942
- Palm Springs Holding Corp. v. CommissionerSupreme Court of the United States · 1942
- McClain v. CommissionerSupreme Court of the United States · 1941
6 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Bird Management, Inc. v. CommissionerUnited States Tax Court · 1967
- J. E. Hawes Corp. v. CommissionerUnited States Tax Court · 1965
- Schuster v. CommissionerUnited States Tax Court · 1968
- Bird Management, Inc. v. CommissionerUnited States Tax Court · 1967
- Cardinal Finance Co. v. CommissionerUnited States Tax Court · 1963
3 more not listed; retrieve them via the Exa API.