Legal Opinion
Jamaica Water Supply Co. v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided February 2, 1942No. 23PublishedCited by 28 opinions
1Opinion of the Court
CHASE, Circuit Judge.
The controversy is whether the sum of $575,000.00 in principal and interest which the petitioner was paid on July 25, 1934 by the City of New York under an agreement made in December 1933 to settle its suit against the City to recover the fair value of hydrant service it had furnished during the years 1923 to 1928, inclusive, was properly included by the Commissioner in the petitioner’s gross income for its fiscal year ended June 30, 1934. The Board of Tax Appeals held that it was and this petition was brought to review that decision. The petitioner contends that the…
2Cases cited12 opinions
- North American Oil Consolidated v. BurnetSupreme Court of the United States · 1932
- Spring City Foundry Co. v. CommissionerSupreme Court of the United States · 1934
- Seaboard Air Line Railway Co. v. United StatesSupreme Court of the United States · 1923
- Lucas v. Ox Fibre Brush Co.Supreme Court of the United States · 1930
- United States v. Safety Car Heating & Lighting Co.Supreme Court of the United States · 1936
7 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- Seaboard Commercial Corp. v. CommissionerUnited States Tax Court · 1957
- Commissioner of Internal Revenue v. Fifth Avenue Coach Lines, Inc., Fifth Avenue Coach Lines, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1960
- Fifth Ave. Coach Lines,Inc. v. CommissionerUnited States Tax Court · 1959
- Clifton Mfg. Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1943
- Prudence Securities Corporation v. Com'r of Int. Rev.Court of Appeals for the Second Circuit · 1943
23 more not listed; retrieve them via the Exa API.