Heyn v. Commissioner
United States Tax Court
Held, an earthslide occurring during the course of excavation of a building site was a "casualty" within the meaning of section 165(c)(3), I.R.C. 1954. Amount of deductible loss determined.
1Opinion of the Court
Harry Heyn, Petitioner, v. Commissioner of Internal Revenue, Respondent
Heyn v. Commissioner
Docket No. 5998-64
United States Tax Court
46 T.C. 302; 1966 U.S. Tax Ct. LEXIS 93;
June 9, 1966, Filed
Decision will be entered under Rule 50.
Held, an earthslide occurring during the course of excavation of a building site was a "casualty" within the meaning of section 165(c)(3), I.R.C. 1954. Amount of deductible loss determined.
Howard B. Crittenden, Jr., for the petitioner.
Harry M. Asch, for the respondent.
Raum, Judge.
RAUM
The Commissioner determined a $ 7,955.17 deficiency in petitioner's income tax for…
2Cases cited11 opinions
- Cohan v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1930
- Ach v. CommissionerUnited States Tax Court · 1964
- Etta Potson Bodoglau, Administratrix of the Estate of Michael Potson, Deceased v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1956
- Durden v. CommissionerUnited States Tax Court · 1944
- Heyn v. CommissionerUnited States Tax Court · 1966
6 more not listed; retrieve them via the Exa API.