ONTHANK COMPANY v. COMMISSIONER

Docket No. 42593.

13 T.C.M. 300 (1954)

G. W. Onthank Company v. Commissioner.

United States Tax Court.

Entered March 31, 1954.


Attorney(s) appearing for the Case

Richard E. Williams, Esq., 306 Fifteenth Street, Des Moines, Ia., for the petitioner. Mark Townsend, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

TIETJENS, Judge:

Respondent determined deficiencies in income tax of petitioner in the amounts of $8,581.34 for 1947 and $8,917.75 for 1948.

Several adjustments are uncontested and can be reflected in a Rule 50 computation. The sole issue for decision is whether certain amounts accrued by petitioner as interest on investment certificates were properly deductible...

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