Sweinhart v. Commissioner
United States Board of Tax Appeals
On the facts of the case, held, petitioner suffered a loss upon the settlement of his contract under the order and the decree of the court, due to the insolvency of the estate and its inability to meet its obligation to him.
1Opinion of the Court
JAMES SWEINHART, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Sweinhart v. Commissioner
Docket No. 54784.
United States Board of Tax Appeals
29 B.T.A. 1179; 1934 BTA LEXIS 1410;
February 23, 1934, Promulgated
On the facts of the case, held, petitioner suffered a loss upon the settlement of his contract under the order and the decree of the court, due to the insolvency of the estate and its inability to meet its obligation to him.
J. Lee Boothe, C.P.A., for the petitioner.
Owen W. Swecker, Esq., for the respondent.
ADAMS
OPINION.
ADAMS: This proceeding involves a deficiency of $235.79 in…
2Cases cited1 opinion
- Sweinhart v. CommissionerUnited States Board of Tax Appeals · 1934