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 the 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 the proportionate 1923 earnings of her partnership, which had a fiscal year, is approved. Charles Colip,5 B.T.A. 123, followed. 2. The status of additional notices of deficiency as to the taxable year in question, other than the notice of deficiency appealed from, discussed.
1Opinion of the Court
GEORGIANA MCFETRIDGE, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
McFetridge v. Commissioner
Docket No. 11210.
United States Board of Tax Appeals
9 B.T.A. 759; 1927 BTA LEXIS 2507;
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 the proportionate 1923 earnings of her partnership, which had a fiscal year, is approved. Charles Colip,5 B.T.A. 123, followed.
2. The status of additional notices of…
2Cases cited2 opinions
- Colip v. CommissionerUnited States Board of Tax Appeals · 1926
- McFetridge v. CommissionerUnited States Board of Tax Appeals · 1927