Piedmont-Mt. Airy Guano Co. v. Commissioner
United States Board of Tax Appeals
1. Sale of property held not to be within the provisions of section 234(a)(14) of the Revenue Act of 1921. 2. March 1, 1913, value of land for purpose of computing gain or loss determined.
1Opinion of the Court
PIEDMONT-MT. AIRY GUANO CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Piedmont-Mt. Airy Guano Co. v. Commissioner
Docket No. 8542.
United States Board of Tax Appeals
8 B.T.A. 72; 1927 BTA LEXIS 2947;
September 16, 1927, Promulgated
1. Sale of property held not to be within the provisions of section 234(a)(14) of the Revenue Act of 1921.
2. March 1, 1913, value of land for purpose of computing gain or loss determined.
Theodore B. Benson, Esq., and Edgar T. Wagner, Esq., for the petitioner.
J. W. Fisher, Esq., for the respondent.
ARUNDELL
A deficiency in income taxes has been…
2Cases cited1 opinion
- Piedmont-Mt. Airy Guano Co. v. CommissionerUnited States Board of Tax Appeals · 1927