1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 1 T.C.M.
  5. 1 T.C.M. 249 (1942)
 

FELIX OIL COMPANY v. COMMISSIONER

Docket No. 107148.

1 T.C.M. 249 (1942)

Felix Oil Company, a corporation, v. Commissioner.

United States Tax Court.

Entered December 18, 1942.

Attorney(s) appearing for the Case

Paul S. Marrin, Esq., 1000 Balfour Bldg., San Francisco, Calif., for the petitioner. John H. Pigg, Esq., for the respondent.

Memorandum Opinion

ARNOLD, J.:

This proceeding involves income tax deficiencies for 1937, 1938 and 1939 in the respective amounts of $21,428.28, $15,571.32 and $12,958.74, and an excess profits tax deficiency for 1937 in the amount of $212.87. Petitioner alleges that it has overpaid its income taxes for the respective taxable years by the sum of $3,035.12, $3,382.96 and $2,045.30. The issue to be decided is the amount of percentage depletion, if any, to...

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