Legal Opinion
Home Furniture Co. v. Commissioner of Internal Rev.
Court of Appeals for the Fourth Circuit
Decided May 18, 1948No. 5725PublishedCited by 11 opinions
1Opinion of the Court
DOBIE, Circuit Judge.
This is an appeal by the Home Furniture Company (hereinafter called petitioner) from a decision of the Tax Court of the United States determining petitioner’s income tax liability for the year 1943 and excess liability for the year 1942.
Petitioner was a corporation engaged in the retail furniture business. It reported its net income on the cash receipts and disbursement basis, deducted the cost of merchandise sold in the year of purchase, and reported its income from sales in the year of collection. R. E. Burks, Inc., (hereinafter called Burks, Inc.) was also a…
2Cases cited14 opinions
- Helvering v. CliffordSupreme Court of the United States · 1940
- Lucas v. EarlSupreme Court of the United States · 1930
- Commissioner v. Court Holding Co.Supreme Court of the United States · 1945
- Helvering v. HorstSupreme Court of the United States · 1940
- Commissioner v. TowerSupreme Court of the United States · 1946
9 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Farmers Cooperative Co. v. BirminghamDistrict Court, N.D. Iowa · 1949
- Long Poultry Farms, Incorporated v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1957
- 58th St. Plaza Theatre, Inc. v. Commissioner of Internal Revenue. Brecher v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1952
- Commissioner of Internal Revenue v. Gregory Run Coal Co. Commissioner of Internal Revenue v. Vincent. Commissioner of Internal Revenue v. J. E. Vincent Co., Inc. (Two Cases). B. H. Swaney & Sons, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1954
- Kuhns v. State Tax CommissionOregon Supreme Court · 1960
6 more not listed; retrieve them via the Exa API.