SPATOLS v. COMMISSIONER
United States Board of Tax Appeals
The petitioner is a member of a partnership which filed its income tax returns on a calendar year basis. The petitioner made his income tax returns upon the basis of a fiscal year ending September 30. In 1936 he obtained permission to change his taxable year to the calendar year and filed a return of net income for the period October 1 to December 31, 1936. Held, that there must be included in such return his share of the profits of the partnership for the calendar year 1936.
1Opinion of the Court
JOSEPH SPATOLS, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
SPATOLS v. COMMISSIONER
Docket No. 100815.
United States Board of Tax Appeals
43 B.T.A. 1110; 1941 BTA LEXIS 1408;
March 25, 1941, Promulgated
The petitioner is a member of a partnership which filed its income tax returns on a calendar year basis. The petitioner made his income tax returns upon the basis of a fiscal year ending September 30. In 1936 he obtained permission to change his taxable year to the calendar year and filed a return of net income for the period October 1 to December 31, 1936. Held, that there must be…
2Cases cited1 opinion
- SPATOLS v. COMMISSIONERUnited States Board of Tax Appeals · 1941