1. Home
  2. Browse Decisions
  3. T.C.
  4. 12 T.C.
  5. 12 T.C. 1057 (1949)
 

MUTUAL FIRE, MARINE & INLAND INSURANCE CO. v. COMMISSIONER

Docket No. 18050.

12 T.C. 1057 (1949)

THE MUTUAL FIRE, MARINE & INLAND INSURANCE COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated June 14, 1949.

Attorney(s) appearing for the Case

William R. Reynolds, Esq., for the petitioner.

Karl W. Windhorst, Esq., for the respondent.

OPINION.

MURDOCK, Judge:

The Commissioner determined a deficiency of $6,549 in income tax for the calendar year 1944. The only question is whether the petitioner sustained a loss or realized a gain in the taxable year from the sale of Baltimore & Ohio Railroad Co. bonds. The facts have been stipulated.

The petitioner filed its income tax return for the calendar year 1944 with the collector of internal revenue for the first district of...

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