De Van v. Commissioner
United States Board of Tax Appeals
Where a note is given by a husband to his wife to induce her to dismiss her pending suit for divorce and return with her children and resume marital relations with him, interest paid thereon to the wife is properly deducted from the husband's gross income as interest paid on indebtedness.
1Opinion of the Court
D. S. DEVAN, AS EXECUTOR OF THE LAST WILL AND TESTAMENT OF R. FRED VOGEL, DECEASED, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT
De Van v. Commissioner
Docket No. 56182.
United States Board of Tax Appeals
34 B.T.A. 580; 1936 BTA LEXIS 677;
May 19, 1936, Promulgated
Where a note is given by a husband to his wife to induce her to dismiss her pending suit for divorce and return with her children and resume marital relations with him, interest paid thereon to the wife is properly deducted from the husband's gross income as interest paid on indebtedness.
Byron C. Hanna, Esq., for the…
2Cases cited1 opinion
- De Van v. CommissionerUnited States Board of Tax Appeals · 1936