Legal Opinion
Arnold Constable Corp. v. Commissioner
Court of Appeals for the Second Circuit
Decided March 12, 1934No. 3PublishedCited by 4 opinions
1Opinion of the Court
AUGUSTUS N. HAND, Circuit Judge.
This petition for review involves a deficiency of $36,584.54 in the income taxes of Arnold Constable Corporation, a Delaware company. The taxes in controversy are for the fiscal year of that company from February 1, 1927, to January 31, 1928. The deficiency resulted from the holding of the Commissioner that no part of the loss suffered in the fiscal year ended January 31, 1926, by petitioner’s affiliate Arnold Constable & Co., Inc., could be allowed in computing consolidated net income for the year ended January 31, 1928. We think that the assessment of a…
2Cases cited4 opinions
- Burnet v. Sanford & Brooks Co.Supreme Court of the United States · 1931
- Woolford Realty Co. v. RoseSupreme Court of the United States · 1932
- Beneficial Loan Soc. of Bethlehem v. United StatesUnited States Court of Claims · 1931
- Morgan's, Inc. v. CommissionerCourt of Appeals for the First Circuit · 1933
3Cited by4 opinions
- Commissioner of Internal Revenue v. General MacHinery Corp.Court of Appeals for the Sixth Circuit · 1938
- Continental Oil Co. v. HelveringCourt of Appeals for the D.C. Circuit · 1938
- United States Paper Exports Ass'n v. BowersCourt of Appeals for the Second Circuit · 1935
- Campbell-Fairbanks Expositions, Inc. v. United StatesDistrict Court, D. Massachusetts · 1943