Legal Opinion
Atwater Kent Mfg. Co. v. Commissioner of Int. Rev.
Court of Appeals for the Third Circuit
Decided August 13, 1930No. 4257PublishedCited by 4 opinions
1Opinion of the Court
DAVIS, Circuit Judge.
This is an appeal from an order of the United States Board of Tax Appeals disallowing a deduction of $61,270 made by the appellant in its tax return for the year 1923. The Commissioner disallowed the deduction and determined an additional tax of $7,309.32, and this determination was sustained by the Board on appeal.
There is no dispute as to the facts, nor as to the absolute good faith of the taxpayer. The question is one of law on admitted facts.
The Atwater Kent Company was making radio parts for receiving sets during the year 1922, and, under the practice then…
2Cases cited2 opinions
- United States v. LudeySupreme Court of the United States · 1927
- Nashville, C. & St. L. Ry. Co v. United StatesCourt of Appeals for the Sixth Circuit · 1920
3Cited by4 opinions
- Sears Oil Co., Inc., on Review v. Commissioner of Internal Revenue, on ReviewCourt of Appeals for the Second Circuit · 1966
- Rankin v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1932
- Frank & Seder Co. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1930
- Sears Oil Co. v. CommissionerUnited States Tax Court · 1965