Allen W. Hinkel Dry Goods Co. v. Commissioner
United States Board of Tax Appeals
A leasehold with four years to run from March 1, 1913, is not, in the circumstances of this proceeding, converted into a 14-year lease by reason of a conditional renewal clause therein.
1Opinion of the Court
ALLEN W. HINKEL DRY GOODS CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Allen W. Hinkel Dry Goods Co. v. Commissioner
Docket No. 9841.
United States Board of Tax Appeals
10 B.T.A. 228; 1928 BTA LEXIS 4146;
January 26, 1928, Promulgated
A leasehold with four years to run from March 1, 1913, is not, in the circumstances of this proceeding, converted into a 14-year lease by reason of a conditional renewal clause therein.
Stanley Spurrier, C.P.A., for the petitioner.
P. M. Clark, Esq., for the respondent.
LANSDON
The respondent has asserted deficiencies in income and profits taxes for…
2Cases cited1 opinion
- Allen W. Hinkel Dry Goods Co. v. CommissionerUnited States Board of Tax Appeals · 1928