Ives Dairy, Inc. v. Commissioner

IVES DAIRY, INCORPORATED, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Ives Dairy, Inc. v. Commissioner

Docket No. 39873.

United States Board of Tax Appeals

23 B.T.A. 579; 1931 BTA LEXIS 1854;

June 4, 1931, Promulgated

Fair market value of certain mortgage notes determined.

Jesse I. Miller, Esq., and Douglas D. Felix, Esq., for the petitioner.

P. M. Clark, Esq., and C. C. Holmes, Esq., for the respondent.

LOVE

This proceeding is for the redetermination of a deficiency in income tax for the year 1925 in the amount of $2,998.93, of which $2,464.24 is in controversy.

As presented by an…