Gray v. Commissioner
United States Tax Court
Petitioner is held to be not entitled to deductions for amortization of war facilities under section 124, Internal Revenue Code, where no application for certificate of necessity was timely filed and no certificate of necessity was issued.
1Opinion of the Court
Frank A. Gray, Petitioner, v. Commissioner of Internal Revenue, Respondent
Gray v. Commissioner
Docket No. 21337
United States Tax Court
16 T.C. 262; 1951 U.S. Tax Ct. LEXIS 288;
January 31, 1951, Promulgated
Decision will be entered for the respondent.
Petitioner is held to be not entitled to deductions for amortization of war facilities under section 124, Internal Revenue Code, where no application for certificate of necessity was timely filed and no certificate of necessity was issued.
Emmett E. Eagan, Esq., for the petitioner.
Cyrus A. Neuman, Esq., for the respondent.
Leech, Judge.
LEECH
Respondent…
2Cases cited3 opinions
- United States v. LombardoSupreme Court of the United States · 1916
- Gray v. CommissionerUnited States Tax Court · 1951
- American Twist Drill Co. v. CommissionerUnited States Tax Court · 1948