OPINION.
HARLAN, Judge:
The Commissioner determined deficiencies in income and declared value excess profits tax for the year 1942 in the amounts of $987.74 and $598.04, respectively. The question presented is, Did petitioner sustain a deductible loss with respect to a sale of securities where, on the same date as that of the sale, securities substantially identical with those sold were purchased by it?
The facts in this case were all developed...
Let's get started
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.