McFetridge v. Commissioner
United States Board of Tax Appeals
1. The Commissioner's action in disallowing the application of the 25 per cent reduction provided by Title XII, Revenue Act of 1924, to that portion of petitioner's income returned for 1924 which came from proportionate 1923 earnings of her partnership, which had a fiscal year, is approved.
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1. The Commissioner's action in disallowing the application of the 25 per cent reduction provided by Title XII, Revenue Act of 1924, to that portion of petitioner's income returned for 1924 which came from proportionate 1923 earnings of her partnership, which had a fiscal year, is approved. Charles Colip,5 B.T.A. 123, followed. 2. The Commissioner's motion to increase the deficiency as disclosed by the deficiency notice for the taxable year in question, other than the notice of deficiency appealed from, denied. See Georgiana McFetridge,9 B.T.A. 759.
1Opinion of the Court
MARTHA G. MCFETRIDGE, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
McFetridge v. Commissioner
Docket No. 11209.
United States Board of Tax Appeals
9 B.T.A. 763; 1927 BTA LEXIS 2508;
December 22, 1927, Promulgated
1. The Commissioner's action in disallowing the application of the 25 per cent reduction provided by Title XII, Revenue Act of 1924, to that portion of petitioner's income returned for 1924 which came from proportionate 1923 earnings of her partnership, which had a fiscal year, is approved. Charles Colip,5 B.T.A. 123, followed.
2. The Commissioner's motion to increase the…
2Cases cited3 opinions
- Colip v. CommissionerUnited States Board of Tax Appeals · 1926
- McFetridge v. CommissionerUnited States Board of Tax Appeals · 1927
- McFetridge v. CommissionerUnited States Board of Tax Appeals · 1927