John Wanamaker Philadelphia v. Commissioner
United States Board of Tax Appeals
1. Where the Commissioner determines an overassessment of taxes, which determination is due to the partial rejection of a claim in abatement, the Board has jurisdiction. 2. The Board has jurisdiction to determine the correct tax liability on all income for a fiscal year ending January 31, 1916. 3. The Commissioner's disallowance of certain reductions in inventory values made for the purpose of reducing the inventories to the basis of cost or market, whichever was lower, is…
Read the full summary
1. Where the Commissioner determines an overassessment of taxes, which determination is due to the partial rejection of a claim in abatement, the Board has jurisdiction. 2. The Board has jurisdiction to determine the correct tax liability on all income for a fiscal year ending January 31, 1916. 3. The Commissioner's disallowance of certain reductions in inventory values made for the purpose of reducing the inventories to the basis of cost or market, whichever was lower, is approved because the amounts of the reductions have not been shown to have been correct although the method under which…
1Opinion of the Court
JOHN WANAMAKER PHILADELPHIA, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
JOHN WANAMAKER NEW YORK, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
John Wanamaker Philadelphia v. Commissioner
Docket Nos. 23156, 23157, 23158.
United States Board of Tax Appeals
22 B.T.A. 487; 1931 BTA LEXIS 2104;
March 4, 1931, Promulgated
1. Where the Commissioner determines an overassessment of taxes, which determination is due to the partial rejection of a claim in abatement, the Board has jurisdiction.
2. The Board has jurisdiction to determine the correct tax liability on all income for…
2Cases cited23 opinions
- United States v. AndersonSupreme Court of the United States · 1926
- Fawcus MacHine Co. v. United StatesSupreme Court of the United States · 1931
- Wickwire v. ReineckeSupreme Court of the United States · 1927
- Lucas v. Kansas City Structural Steel Co.Supreme Court of the United States · 1930
- Reinecke v. SpaldingSupreme Court of the United States · 1930
18 more not listed; retrieve them via the Exa API.