Legal Opinion
Carloate Industries, Inc. v. United States
Court of Appeals for the Fifth Circuit
Decided January 4, 1966No. 22144_1PublishedCited by 15 opinions
1Opinion of the Court
HUTCHESON, Circuit Judge:
This is an appeal from a judgment 1 dismissing Taxpayer Carloate Industries, Inc.’s claim for refund of income taxes of $829.58 (inclusive of interest), which it alleges were overpaid for its fiscal year ending June 30,1959. 2 The refund claim involves a casualty loss deduction under Internal Revenue Code of 1954 Section 165 3 and is based on a casualty loss suffered by Carloate to its citrus groves. The Commissioner determined, and the court below affirmed, that in computing the amount of the casualty loss the citrus trees were to be treated separately from the land…
2Cases cited8 opinions
- Helvering v. OwensSupreme Court of the United States · 1939
- United States v. KoshlandCourt of Appeals for the Ninth Circuit · 1954
- Alcoma Association, Inc. v. United StatesCourt of Appeals for the Fifth Circuit · 1956
- Knapp v. CommissionerUnited States Tax Court · 1955
- Steinert v. CommissionerUnited States Tax Court · 1959
3 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- The Squirt Company v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1970
- Keefer v. CommissionerUnited States Tax Court · 1975
- Las Cruces Oil Co. v. CommissionerUnited States Tax Court · 1974
- William F. Ward and Carrie Duffy Ward v. The United States. Kennedy W. Ward and Audrey P. Ward v. The United StatesUnited States Court of Claims · 1970
- B. C. Cook & Sons, Inc. v. CommissionerUnited States Tax Court · 1972
10 more not listed; retrieve them via the Exa API.