1. Home
  2. Browse Decisions
  3. U.S.
  4. 311 U.S.
  5. 311 U.S. 513 (1941)
 

ELECTRO-CHEMICAL CO. v. COMM'R

No. 62.

311 U.S. 513 (1941)

61 S.Ct. 372

85 L.Ed. 308

ELECTRO-CHEMICAL ENGRAVING CO., INC. v. COMMISSIONER OF INTERNAL REVENUE.

Supreme Court of United States.

Decided January 6, 1941.

Attorney(s) appearing for the Case

Mr. George P. Halperin, with whom Mr. Bernard S. Barron was on the brief, for petitioner.

Mr. Norman D. Keller, with whom Solicitor General Biddle, Assistant Attorney General Clark, and Mr. Sewall Key were on the brief, for respondent.

MR. JUSTICE STONE delivered the opinion of the Court.

This is a companion case to Helvering v. Hammel, ante, p. 504.

The question is whether the loss suffered by petitioner on foreclosure sale of his mortgaged property, acquired for profit, may be deducted in full from gross income or only to the extent provided by § 117 (d) of the 1934 Revenue Act. The statutory provisions involved are those of the 1934 Act relating to capital gains or...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases