Legal Opinion
Morton v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided May 29, 1940No. 7119PublishedCited by 104 opinions
1Opinion of the Court
KERNER, Circuit Judge.
This is a petition for the review of a decision of the Board of Tax Appeals involving a deficiency in petitioner’s income tax for the year 1932. In his income tax return petitioner claimed that certain common stock became worthless in 1932. The Commissioner of Internal Revenue determined that the stock became worthless in 1931. The Board of. Tax Appeals sustained the determination of the Commissioner. The only error assigned is the ruling of the Board that the taxpayer had not proved that he sustained a deductible loss in 1932.
The record discloses that on July 1, 1929,…
2Cases cited13 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Lucas v. American Code Co.Supreme Court of the United States · 1930
- Helvering v. National Grocery Co.Supreme Court of the United States · 1938
- United States v. S. S. White Dental Manufacturing Co.Supreme Court of the United States · 1927
- Helvering v. RankinSupreme Court of the United States · 1935
8 more not listed; retrieve them via the Exa API.
3Cited by104 opinions
- Dustin v. CommissionerUnited States Tax Court · 1969
- Santa Anita Consol., Inc. v. CommissionerUnited States Tax Court · 1968
- Steadman v. Comm'rUnited States Tax Court · 1968
- Charles W. Steadman and Dorothy F. Steadman v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1970
- Denver & R. G. W. R. Co. v. CommissionerUnited States Tax Court · 1959
99 more not listed; retrieve them via the Exa API.