Bee Holding Co. v. Commissioner
United States Tax Court
Held, expenditures by a building owner for converting three storerooms in the building into one were capital expenditures within section 24(a)(2), Internal Revenue Code of 1939 and section 263(a)(1), Internal Revenue Code of 1954, and hence not deductible in computing petitioner's taxable income.
1Opinion of the Court
Bee Holding Co. v. Commissioner.
Bee Holding Co. v. Commissioner
Docket Nos. 62191, 71001.
United States Tax Court
T.C. Memo 1958-195; 1958 Tax Ct. Memo LEXIS 30; 17 T.C.M. (CCH) 963; T.C.M. (RIA) 58195;
November 24, 1958
Held, expenditures by a building owner for converting three storerooms in the building into one were capital expenditures within section 24(a)(2), Internal Revenue Code of 1939 and section 263(a)(1), Internal Revenue Code of 1954, and hence not deductible in computing petitioner's taxable income.
Saul A. Cohn, C.P.A., 11 Commerce Street, Newark, N.J., for the petitioner. Arthur…
2Cases cited6 opinions
- Illinois Merchants Trust Co. v. CommissionerUnited States Board of Tax Appeals · 1926
- Difco Laboratories, Inc. v. CommissionerUnited States Tax Court · 1948
- Hotel Sulgrave, Inc. v. CommissionerUnited States Tax Court · 1954
- Patten Fine Papers, Inc. v. CommissionerUnited States Tax Court · 1957
- Squier v. CommissionerUnited States Board of Tax Appeals · 1928
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