B. B. Todd, Inc. v. Commissioner
United States Board of Tax Appeals
The Board is without authority to require the Commissioner to permit the filing of returns and the computation of income and profits taxes, under the provisions of article 42 of Regulations 45, since such returns, if filed, would not "clearly reflect the income" of the taxpayer and the method of computing income provided in that article does not conform to section 200 of the Revenue Act of 1918.
1Opinion of the Court
Appeal of B. B. TODD, INC.
B. B. Todd, Inc. v. Commissioner
Docket No. 707.
United States Board of Tax Appeals
1 B.T.A. 762; 1925 BTA LEXIS 2807;
March 16, 1925, decided Submitted February 24, 1925.
The Board is without authority to require the Commissioner to permit the filing of returns and the computation of income and profits taxes, under the provisions of article 42 of Regulations 45, since such returns, if filed, would not "clearly reflect the income" of the taxpayer and the method of computing income provided in that article does not conform to section 200 of the Revenue Act of 1918.
Leon A.…
2Cases cited2 opinions
- B. B. Todd, Inc. v. CommissionerUnited States Board of Tax Appeals · 1925
- Reubel v. CommissionerUnited States Board of Tax Appeals · 1925