Legal Opinion
United States Industrial Alcohol Co. v. Helvering
Court of Appeals for the Second Circuit
Decided July 21, 1943No. 17PublishedCited by 46 opinions
1Opinion of the Court
L. HAND, Circuit Judge.
Both the taxpayer and the Commissioner appeal from orders assessing deficiencies in income tax, assessed against the taxpayer for the years 1928 and 1929; and denying the taxpayer’s claims of overpayment. The taxpayer’s appeal, which is the more important, involves four points: First, whether the Tax Court erred in refusing to allow any deduction for depreciation upon certain contracts for the sale of alcohol which were purchased by the taxpayer in the year 1929, and expiring on December 31st of that year: second, whether it erred in refusing to allow depreciation for…
2Cases cited9 opinions
- Cohan v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1930
- United States v. LudeySupreme Court of the United States · 1927
- Lucas v. North Texas Lumber Co.Supreme Court of the United States · 1930
- Commissioner of Internal Revenue v. Union Pac. R. Co.Court of Appeals for the Second Circuit · 1936
- Kittredge v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1937
4 more not listed; retrieve them via the Exa API.
3Cited by46 opinions
- Richard M. Boe and Mary Lots Boe v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1962
- Commissioner of Internal Revenue v. Seaboard Finance Company, Seaboard Finance Company, Cross v. Commissioner of Internal Revenue, CrossCourt of Appeals for the Ninth Circuit · 1966
- Thrifiticheck Service Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1961
- Westinghouse Broadcasting Co. v. CommissionerUnited States Tax Court · 1961
- Computing & Software, Inc. v. CommissionerUnited States Tax Court · 1975
41 more not listed; retrieve them via the Exa API.