New York Life Ins. v. Anderson
District Court, S.D. New York
At Law. Action by the New York Life Insurance Company against Charles W. Anderson, Collector of Internal Revenue for the Second District of the State of New York.
1Opinion of the Court
LEARNED HAND, District Judge.
This case comes up for further hearing upon the amount of the verdict to be directed. The plaintiff has succeeded upon the issue that the dividends deducted from premiums are a proper allowance, but has failed, in securing *577any allowance for the depreciation of its securities. The Commissioner of Internal Revenue was not consistent in his treatment of this second class of deductions, for in re-assessing the tax he allowed some depreciations and rejected others. The defendant claims that the verdict should be for no more than the balance actually due, if the…
2Cases cited8 opinions
- Cary v. CurtisSupreme Court of the United States · 1845
- Dollar Savings Bank v. United StatesSupreme Court of the United States · 1874
- Gaines v. MillerSupreme Court of the United States · 1884
- United States v. ChamberlinSupreme Court of the United States · 1911
- United States v. Philadelphia & Reading RailroadSupreme Court of the United States · 1887
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3Cited by7 opinions
- Duffin v. LucasCourt of Appeals for the Sixth Circuit · 1932
- United States v. Chicago & E. I. Ry. Co.District Court, N.D. Illinois · 1924
- Shannon v. Hughes & Co.Court of Appeals of Kentucky (pre-1976) · 1937
- United States Paper Exports Ass'n v. BowersCourt of Appeals for the Second Circuit · 1935
- American Newspapers, Inc. v. United StatesDistrict Court, S.D. New York · 1937
2 more not listed; retrieve them via the Exa API.