1. Home
  2. Browse Decisions
  3. T.C.
  4. 26 T.C.
  5. 26 T.C. 383 (1956)
 

STANLEY WOOLEN CO. v. COMMISSIONER

Docket No. 35912.

26 T.C. 383 (1956)

STANLEY WOOLEN COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed May 31, 1956.

Attorney(s) appearing for the Case

Edward C. Thayer, Esq., and Howard V. Foulke, Esq., for the petitioner.

William V. Crosswhite, Esq., and John K. Barry, Esq., for the respondent.

The Commissioner disallowed the petitioner's applications for relief under section 722, Internal Revenue Code of 1939, for the years 1941 to 1945, inclusive.

The petitioner alleges that its business was depressed in the base period (1) because of the loss of its principal sales agents (sec. 722 (b) (2)), and (2) because of conditions generally prevailing in the wool industry which subjected the petitioner to a profit cycle...

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