Consolidated Gas & Equipment Co. v. Commissioner
United States Tax Court
Held, that the petitioner's gain from the sale of certain of its real and personal properties during its fiscal year 1956 was includible in its income for that year and not for its fiscal year 1957.
1Opinion of the Court
Consolidated Gas and Equipment Company of America, Petitioner, v. Commissioner of Internal Revenue, Respondent
Consolidated Gas & Equipment Co. v. Commissioner
Docket No. 77627
United States Tax Court
35 T.C. 675; 1961 U.S. Tax Ct. LEXIS 231;
January 31, 1961, Filed
Decision will be entered under Rule 50.
Held, that the petitioner's gain from the sale of certain of its real and personal properties during its fiscal year 1956 was includible in its income for that year and not for its fiscal year 1957.
L. Karlton Mosteller, Esq., James D. Fellers, Esq., and Edward G. Sievers, Esq., for the petitioner.
Jo…
2Cases cited1 opinion
- Consolidated Gas & Equipment Co. v. CommissionerUnited States Tax Court · 1961