West Town State Bank v. Commissioner
United States Board of Tax Appeals
1. Allegations of new matter in support of claim for increased deficiency set up in an amended answer to which no reply was filed, held, admitted.
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1. Allegations of new matter in support of claim for increased deficiency set up in an amended answer to which no reply was filed, held, admitted. F. O. Statler,27 B.T.A. 342. 2. The Board of Tax Appeals is not confined to a consideration alone of the revenue statutes, and may not adjudicate as a deficiency or transferee liability an amount which by the Constitution or a supervening statute or decision may not legally be imposed or exacted, 3. A receiver's affidavit that in his opinion a bank's assets and stockholders' assessments will not be sufficient to pay depositors in full, held,…
1Opinion of the Court
WEST TOWN STATE BANK, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
West Town State Bank v. Commissioner
Docket No. 59060.
United States Board of Tax Appeals
32 B.T.A. 531; 1935 BTA LEXIS 934;
April 30, 1935, Promulgated
1. Allegations of new matter in support of claim for increased deficiency set up in an amended answer to which no reply was filed, held, admitted. F. O. Statler,27 B.T.A. 342.
2. The Board of Tax Appeals is not confined to a consideration alone of the revenue statutes, and may not adjudicate as a deficiency or transferee liability an amount which by the Constitution…
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- Marion & Rye Valley Railway Co. v. United StatesSupreme Court of the United States · 1926
- W. P. Brown & Sons Lumber Co. v. BurnetSupreme Court of the United States · 1931
- Edmonson v. BloomshireSupreme Court of the United States · 1869
- Independent Life Ins. Co. v. CommissionerUnited States Board of Tax Appeals · 1929
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