Webb v. Commissioner
United States Board of Tax Appeals
Gain from repossession of real estate by cancellation of purchase money note secured by mortgage on the property determined in conformity with Henry Heldt,16 B.T.A. 1035.
1Opinion of the Court
NAT WEBB, JR., AND PAUL WEBB, MEMBERS OF THE PARTNERSHIP OF WEBB BROS., PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Webb v. Commissioner
Docket No. 33070.
United States Board of Tax Appeals
22 B.T.A. 1249; 1931 BTA LEXIS 1980;
April 21, 1931, Promulgated
Gain from repossession of real estate by cancellation of purchase money note secured by mortgage on the property determined in conformity with Henry Heldt,16 B.T.A. 1035.
Andrew G. Elder, Esq., and Joseph Nievinski, Esq., for the petitioners.
A. H. Murray, Esq., for the respondent.
LANSDON
The respondent has asserted deficiencies in…
2Cases cited2 opinions
- Heldt v. CommissionerUnited States Board of Tax Appeals · 1929
- Webb v. CommissionerUnited States Board of Tax Appeals · 1931