Equitable Gas Co. v. Commissioner

EQUITABLE GAS COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Equitable Gas Co. v. Commissioner

Docket No. 29475.

United States Board of Tax Appeals

22 B.T.A. 1268; 1931 BTA LEXIS 1975;

April 22, 1931, Promulgated

Frank C. Miller, C.P.A., for the petitioner.

W. Frank Gibbs, Esq., for the respondent.

MURDOCK

OPINION.

MURDOCK: The Commissioner sent the petitioner a notice under section 280 of the Revenue Act of 1926 stating "there is proposed for assessment against you the amount of $10,448.32, constituting your liability as transferee of the assets of the Peoples Natural Gas &…