1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 12 T.C.M.
  5. 12 T.C.M. 669 (1953)
 

BROWNE v. COMMISSIONER

Docket Nos. 29880, 29881.

12 T.C.M. 669 (1953)

H. Truman Browne v. Commissioner. Bettie Browne v. Commissioner.

United States Tax Court.

Entered June 11, 1953.

Attorney(s) appearing for the Case

Clinton F. Seccombe, Esq., 727 West Seventh Street, Los Angeles, Calif., and Erwin Lampe, Esq., for the petitioners. B. H. Neblett, Esq., for the respondent.

Memorandum Findings of Fact and Opinion

These proceedings, consolidated for purposes of hearing and opinion, involve deficiencies in income tax for the calendar year 1946 of $11,181.37 for H. Truman Browne and $11,162.58 for his wife, Bettie Browne.

The issue to be determined is whether the gain from the sale of certain residential properties and an unimproved lot were properly treated by petitioners as a long-term capital gain; or whether such gains, as...

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