Anglo-American Direct Tea Trading Co. v. Commissioner
United States Board of Tax Appeals
A foreign corporation receiving income from sources within the United States, which filed its income tax returns "in the manner prescribed" under Title I of the Revenue Acts of 1928 and 1932, is not precluded under the provisions of section 233 of the same acts from the benefit of the deduction to which it is entitled under section 23(p)(1) of the same acts, although it filed its returns after the time specified in section 235 thereof.
1Opinion of the Court
ANGLO-AMERICAN DIRECT TEA TRADING CO., LTD., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Anglo-American Direct Tea Trading Co. v. Commissioner
Docket No. 84529.
United States Board of Tax Appeals
38 B.T.A. 711; 1938 BTA LEXIS 833;
October 4, 1938, Promulgated
A foreign corporation receiving income from sources within the United States, which filed its income tax returns "in the manner prescribed" under Title I of the Revenue Acts of 1928 and 1932, is not precluded under the provisions of section 233 of the same acts from the benefit of the deduction to which it is entitled under…
2Cases cited1 opinion
- Anglo-American Direct Tea Trading Co. v. CommissionerUnited States Board of Tax Appeals · 1938