Niles Bank Co. v. Evatt

At the outset it should be made perfectly clear that the question of the taxability of the “hypothecated deposits” is not before the court. The Board of Tax Appeals found that such deposits were not taxable and no claim of error is predicated upon that finding.

The questions for decision in cases Nos. 29991 and 29992 as set forth by the appellant are as follows:

“Did the Board of Tax Appeals act illegally or abuse its discretion in making its determination that (1) the Tax Commissioner had jurisdiction to hear and grant the applications filed by the taxpayer on March 30, 1943, when the taxpayer…