Legal Opinion
Allen-Bradley Co. v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided May 29, 1940No. 7142PublishedCited by 12 opinions
1Opinion of the Court
KERNER, Circuit Judge.
This is a petition for the review of a decision of the Board of Tax Appeals finding additional income taxes due from petitioner for the year 1934. The assessment amounting to $1,107.01 resulted from the disallowance of a deduction of $8,351.45 claimed to be a bad debt, ascertained to be worthless and charged off during the taxable year.
The petitioner, a corporation organized under the laws of Wisconsin, is engaged in the manufacture and sale of electrical equipment, all of its capital stock being owned by Lynde and Harry Bradley, brothers, sons of Clara L. Bradley, who…
2Cases cited6 opinions
- Helvering v. TaylorSupreme Court of the United States · 1935
- Helvering v. National Grocery Co.Supreme Court of the United States · 1938
- Burnet v. HoustonSupreme Court of the United States · 1931
- Helvering v. RankinSupreme Court of the United States · 1935
- Gilman v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1931
1 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- A. Finkenberg's Sons, Inc. v. CommissionerUnited States Tax Court · 1951
- Melvin J. Cole and Harriet L. Cole v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1989
- East Coast Equipment Company v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1955
- Milton Bradley Co. v. United StatesCourt of Appeals for the First Circuit · 1944
- Exxon Corp. v. United StatesUnited States Court of Claims · 1985
7 more not listed; retrieve them via the Exa API.