Rundel v. Commissioner
United States Board of Tax Appeals
Under the facts in this case, petitioner having elected to report the sale of real estate according to the installment method, may not change to the deferred payment plan not on the installment basis.
1Opinion of the Court
MORGAN RUNDEL, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Rundel v. Commissioner
Docket No. 40134.
United States Board of Tax Appeals
21 B.T.A. 1019; 1930 BTA LEXIS 1750;
December 31, 1930, Promulgated
Under the facts in this case, petitioner having elected to report the sale of real estate according to the installment method, may not change to the deferred payment plan not on the installment basis.
Fred A. Woodis, Esq., for the petitioner.
Maxwell E. McDowell, Esq., for the respondent.
ARUNDELL
The respondent determined a deficiency in income tax for the year 1925 in the amount of…
2Cases cited1 opinion
- Rundel v. CommissionerUnited States Board of Tax Appeals · 1930