1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 2 T.C.M.
  5. 2 T.C.M. 975 (1943)
 

NASHVILLE WAREHOUSE AND ELEVATOR CORPORATION v. COMMISSIONER

Docket No. 109889.

2 T.C.M. 975 (1943)

Nashville Warehouse and Elevator Corporation v. Commissioner.

United States Tax Court.

Entered November 1, 1943.

Attorney(s) appearing for the Case

F. A. Berry, Esq., and James W. Allen, C. P. A., 1018 Third Nat. Bank Bldg., Nashville, Tenn., for the petitioner. Frank M. Thompson, Jr., Esq., for the respondent.

Memorandum Findings of Fact and Opinion

MELLOTT, Judge:

The Commissioner determined a deficiency in the income tax of petitioner in the amount of $1,039.55 for the fiscal year ending June 30, 1940. The sole question is — Did he err in disallowing as a deduction $7,000 of $10,000 paid by petitioner to its president and sole stockholder as compensation for services?

Findings of Fact

Petitioner is a corporation with principal office...

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