Van Pelt v. Commissioner
United States Tax Court
Held, the losses involved were the result of non-business debts and are deductible under the provisions of section 23 (k) (4) of the Internal Revenue Code.
1Opinion of the Court
Donald C. Van Pelt v. Commissioner.
Van Pelt v. Commissioner
Docket No. 21411.
United States Tax Court
1950 Tax Ct. Memo LEXIS 130; 9 T.C.M. (CCH) 675; T.C.M. (RIA) 50193;
August 10, 1950
Held, the losses involved were the result of non-business debts and are deductible under the provisions of section 23 (k) (4) of the Internal Revenue Code.
George L. Morris, Jr., Esq., 2253 Penobscot Bldg., Detroit 26, Mich., and Walter F. Kramer, Esq., for the petitioner. A. J. Friedman, Esq., for the respondent.
HILL
Memorandum Findings of Fact and Opinion
There is in issue in this proceeding the liability of…
2Cases cited3 opinions
- Burnet v. ClarkSupreme Court of the United States · 1932
- Cluett v. CommissionerUnited States Tax Court · 1947
- Holmes v. CommissionerUnited States Board of Tax Appeals · 1938
3Cited by1 opinion
- Rendlen v. United StatesDistrict Court, E.D. Missouri · 1959