Legal Opinion
KIMBRELL'S HOME FURNISH. v. Commissioner of Int. Rev.
Court of Appeals for the Fourth Circuit
Decided February 3, 1947No. 5551PublishedCited by 13 opinions
1Opinion of the Court
SOPER, Circuit Judge.
Kimbrell’s Home Furnishings, Inc., petitions for review of a decision of the Tax Court of the United States determining a deficiency in excess profits taxes of $329.-38 for the fiscal year ended August 31, 1943. The corporation was organized under the law of North Carolina on September 13, 1940. It is engaged in the retail sale of home furnishings and makes a substantial part of its sales on the installment plan. It computes its net income for income tax purposes on the installment basis under Section 44(a) of the Internal Revenue Code, 26 U.S.C.A. Int.Rev.Code, § 44 (a),…
2Cases cited9 opinions
- Trust Under the Will of Bingham v. CommissionerSupreme Court of the United States · 1945
- Commissioner v. WilcoxSupreme Court of the United States · 1946
- Bonwit Teller & Co. v. United StatesSupreme Court of the United States · 1931
- Commissioner of Internal Revenue v. SwentCourt of Appeals for the Fourth Circuit · 1946
- Lawler v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1935
4 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Commissioner v. South Texas Lumber Co.Supreme Court of the United States · 1948
- Old Virginia Brick Company, Incorporated v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1966
- Frederick Smith Enter. Co. v. Commissioner of Int. Rev.Court of Appeals for the Sixth Circuit · 1948
- Thompson Et Ux. v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1953
- South Texas Lumber Co. v. CommissionerCourt of Appeals for the Fifth Circuit · 1947
8 more not listed; retrieve them via the Exa API.