California Casket Co. v. Commissioner
United States Tax Court
1. On March 2, 1946, petitioner acquired an old warehouse building with the intent and purpose of completely renovating and remodeling it into a plant suitable to its business needs. Soon after the acquisition thereof and after the rehabilitation program was underway, the foundation piling was found to be decayed from dry rot in varying degrees at different locations throughout the substructure of the building.
Read the full summary
1. On March 2, 1946, petitioner acquired an old warehouse building with the intent and purpose of completely renovating and remodeling it into a plant suitable to its business needs. Soon after the acquisition thereof and after the rehabilitation program was underway, the foundation piling was found to be decayed from dry rot in varying degrees at different locations throughout the substructure of the building. The task of replacing and restoring the entire foundation piling was undertaken while the rebuilding program, then in process, was under way. Held, the work of replacing and restoring…
1Opinion of the Court
California Casket Company, Petitioner, v. Commissioner of Internal Revenue, Respondent
California Casket Co. v. Commissioner
Docket No. 30419
United States Tax Court
19 T.C. 32; 1952 U.S. Tax Ct. LEXIS 72;
October 15, 1952, Promulgated
Decision will be entered under Rule 50.
1. On March 2, 1946, petitioner acquired an old warehouse building with the intent and purpose of completely renovating and remodeling it into a plant suitable to its business needs. Soon after the acquisition thereof and after the rehabilitation program was underway, the foundation piling was found to be decayed from dry rot in…
2Cases cited6 opinions
- Stanton Brewery v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1949
- California Casket Co. v. CommissionerUnited States Tax Court · 1952
- Driscoll v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1945
- Stanton Brewery, Inc. v. CommissionerUnited States Tax Court · 1948
- John Simmons Co. v. CommissionerUnited States Tax Court · 1950
1 more not listed; retrieve them via the Exa API.