Grover v. Commissioner
United States Board of Tax Appeals
An agreement construed to be a contract of sale of land. The vendee had an equitable interest in the land and the contracts of sale arising therefrom, the value of which is to be taken into consideration in determining future gains or losses thereon.
1Opinion of the Court
APPEAL OF ARTHUR B. GROVER.
Grover v. Commissioner
Docket No. 1159.
United States Board of Tax Appeals
3 B.T.A. 508; 1926 BTA LEXIS 2634;
January 30, 1926, Decided Submitted May 6, 1925.
An agreement construed to be a contract of sale of land. The vendee had an equitable interest in the land and the contracts of sale arising therefrom, the value of which is to be taken into consideration in determining future gains or losses thereon.
Robert H. Montgomery, J. Marvin Haynes, and Leland T. Atherton, Esqs., for the taxpayer.
Laurence Graves, Esq., for the Commissioner.
MORRIS
Before MARQUETTE and MORRIS.
Thi…
2Cases cited1 opinion
- Grover v. CommissionerUnited States Board of Tax Appeals · 1926