Barnes Transp. Co. v. Commissioner
United States Tax Court
Petitioner, a natural gas company, during the taxable years involved was engaged solely in the transportation of natural gas by pipe line for hire. Held, petitioner is not entitled to the benefits of section 735 of the Internal Revenue Code as amended by the Revenue Act of 1943.
1Opinion of the Court
Barnes Transportation Company, Inc., Petitioner, v. Commissioner of Internal Revenue, Respondent
Barnes Transp. Co. v. Commissioner
Docket No. 17774
United States Tax Court
14 T.C. 123; 1950 U.S. Tax Ct. LEXIS 283;
January 31, 1950, Promulgated
Decision will be entered for the respondent.
Petitioner, a natural gas company, during the taxable years involved was engaged solely in the transportation of natural gas by pipe line for hire. Held, petitioner is not entitled to the benefits of section 735 of the Internal Revenue Code as amended by the Revenue Act of 1943.
Robert A. Littleton, Esq., for the…
2Cases cited3 opinions
- Helvering v. New York Trust Co.Supreme Court of the United States · 1934
- Alexander v. Cosden Pipe Line Co.Supreme Court of the United States · 1934
- Barnes Transp. Co. v. CommissionerUnited States Tax Court · 1950