Legal Opinion
Frank J. Valetti and Sarah J. Valetti v. Commissioner of Internal Revenue
Court of Appeals for the Third Circuit
Decided October 17, 1958No. 12562-12564PublishedCited by 47 opinions
1Opinion of the Court
HASTIE, Circuit Judge.
This is an appeal by a taxpayer 1 from decisions of the Tax Court determining deficiencies in his income taxes for the four years 1948 to 1951, inclusive, and' imposing fraud and underestimation penalties. The Commissioner had found even larger deficiencies than did the Tax Court. However, only the taxpayer has sought a review of the Tax Court’s decisions.
Petitioner is a ship chandler. The entire basis of this tax controversy is a group of some 600 similar items claimed" by the taxpayer as deductible business expenses in his tax returns over the four year period. Each…
2Cases cited11 opinions
- Helvering v. KehoeSupreme Court of the United States · 1940
- Sam Goldberg v. Commissioner of Internal Revenue, Sam Goldberg and Estate of Evelyn Goldberg, Sam Goldberg v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1956
- Ethel Olinger v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1956
- McLaughlin v. CommissionerUnited States Board of Tax Appeals · 1933
- John Thomas Fairchild v. United StatesCourt of Appeals for the Fifth Circuit · 1957
6 more not listed; retrieve them via the Exa API.
3Cited by47 opinions
- Harper v. CommissionerUnited States Tax Court · 1970
- Cirillo v. CommissionerCourt of Appeals for the Third Circuit · 1963
- Estate of Mazzoni v. CommissionerCourt of Appeals for the Third Circuit · 1971
- Ward v. CommissionerUnited States Tax Court · 1986
- Estate of Falese v. CommissionerUnited States Tax Court · 1972
42 more not listed; retrieve them via the Exa API.