Legal Opinion
R. H. Oswald Co., Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided December 15, 1950No. 10177PublishedCited by 16 opinions
1Opinion of the Court
MAJOR, Chief Judge.
This petition is for review of a decision of the Tax Court of the United States, entered on January 10, 1950. The controversy relates to the compensation paid by petitioner to R. H. Oswald, its president and general manager, for the taxable years of 1943 and 1944, and deducted by petitioner in its income tax returns for those years as ordinary and necessary expenses under Sec. 23(a) (1) of the Revenue Act of 1942, 26 U.S.C.A. § 23(a) (1).
Petitioner’s position is aptly stated in its petition filed with the Tax Court, as follows: “Petitioner deducted as ordinary and necessary…
2Cases cited6 opinions
- Mayson Mfg. Co. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1949
- Dayton Power & Light Co. v. Public Utilities CommissionSupreme Court of the United States · 1934
- William S. Gray & Co. v. United StatesUnited States Court of Claims · 1925
- Austin v. United StatesCourt of Appeals for the Fifth Circuit · 1928
- Beck v. Commissioner of Internal Revenue (Two Cases)Court of Appeals for the Seventh Circuit · 1950
1 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Logan Lumber Company v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1966
- Dielectric Materials Co. v. CommissionerUnited States Tax Court · 1972
- Consolidated Apparel Co. v. CommissionerUnited States Tax Court · 1952
- South Texas Rice Warehouse Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1966
- Consolidated Apparel Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1953
11 more not listed; retrieve them via the Exa API.