Columbus & Southern Ohio Electric Co. v. Commissioner
United States Tax Court
Petitioner, a public utility in Ohio, appealed to the State Public Utilities Commission from a 1949 ordinance of the City of Columbus fixing lower rates. The utility collected at the former rates under bond to make refunds of collections in excess of the rates ultimately to be fixed. The City enacted a new ordinance in 1950 which fixed higher rates and authorized the filing of a stipulation of settlement with the commission.
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Petitioner, a public utility in Ohio, appealed to the State Public Utilities Commission from a 1949 ordinance of the City of Columbus fixing lower rates. The utility collected at the former rates under bond to make refunds of collections in excess of the rates ultimately to be fixed. The City enacted a new ordinance in 1950 which fixed higher rates and authorized the filing of a stipulation of settlement with the commission. Petitioner accepted the ordinance in 1950. In 1951 the stipulation was filed, the commission entered an order pursuant to the accepted ordinance, and refunds were made in…
1Opinion of the Court
Columbus and Southern Ohio Electric Company, Petitioner, v. Commissioner of Internal Revenue, Respondent
Columbus & Southern Ohio Electric Co. v. Commissioner
Docket No. 56193
United States Tax Court
26 T.C. 722; 1956 U.S. Tax Ct. LEXIS 127;
June 29, 1956, Filed
Decision will be entered for the respondent.
Petitioner, a public utility in Ohio, appealed to the State Public Utilities Commission from a 1949 ordinance of the City of Columbus fixing lower rates. The utility collected at the former rates under bond to make refunds of collections in excess of the rates ultimately to be fixed. The City…
2Cases cited1 opinion
- Columbus & Southern Ohio Electric Co. v. CommissionerUnited States Tax Court · 1956