Stryker v. Commissioner
United States Board of Tax Appeals
A taxpayer keeping no regular books of account must report on a calendar year basis. Sec. 41, Revenue Act 1932. Informal records are not "books" within the meaning of that term as used in section 41.
1Opinion of the Court
*327OPINION.
Murdock:
The petitioner and two others entered into a partnership on February 1, 1931. The partnership was known as the First Rational Institute of Violin. The partnership opened and regularly kept a set of books of account on the basis of a fiscal year ending January 31. The books of a partnership are not for income tax purposes the books of the individual taxpayers making up the partnership. Fred B. Drake, 1 B. T. A. 1235. The petitioner reported his income on the cash receipts and disbursements calendar year basis. His only records were check stubs, rent receipts, and dividend…
2Cited by8 opinions
- Robert S. Gill, Individually and as of the Estate of Sarah Louise Gill, and Robert S. Gill v. United StatesCourt of Appeals for the Fifth Circuit · 1958
- Maclean v. CommissionerUnited States Tax Court · 1980
- Curtis v. CommissionerUnited States Board of Tax Appeals · 1937
- Domenic DeFranco v. CommissionerUnited States Tax Court · 1950
- Maclean v. CommissionerUnited States Tax Court · 1980
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