Legal Opinion
Kapel Goldstein and Tillie Goldstein v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided July 22, 1966No. 29957_1PublishedCited by 184 opinions
1Opinion of the Court
WATERMAN, Circuit Judge.
Tillie Goldstein and her husband 1 peti tion to review a decision of the Tax Court disallowing as deductions for federal income tax purposes payments totaling $81,396.61 made by petitioner to certain banks, which payments petitioner claimed were payments of interest on indebtedness within Section 163(a) of the 1954 Internal Revenue Code. This section provides that “There shall be allowed as a deduction all interest paid or accrued within the taxable year on indebtedness.” Int.Rev.Code of 1954 § 163(a). 2 A majority of the Tax Court held for several reasons to be…
2Cases cited12 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Knetsch v. United StatesSupreme Court of the United States · 1960
- Eli D. Goodstein v. Commissioner of Internal Revenue, Commissioner of Internal Revenue v. Eli D. GoodsteinCourt of Appeals for the First Circuit · 1959
- Carl E. Weller and Emily I. Weller v. Commissioner of Internal Revenue, W. Stuart Emmons v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1959
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3Cited by184 opinions
- Bixby v. CommissionerUnited States Tax Court · 1972
- Enoch v. CommissionerUnited States Tax Court · 1972
- Rice's Toyota World, Inc. (Formerly Rice Auto Sales, Inc.) v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1985
- Grodt & McKay Realty, Inc. v. CommissionerUnited States Tax Court · 1981
- Rose v. CommissionerUnited States Tax Court · 1987
179 more not listed; retrieve them via the Exa API.