KNOCH, District Judge.
This matter came on to be heard on a stipulation of facts which the Court adopts. This suit was brought to recover $18,016.84 in income taxes and interest assessed against plaintiff and paid under protest. Plaintiff sold an apartment building, its principal asset, in 1947, and reported a capital loss. The Commission, in auditing plaintiff's final income tax return used as cost basis, the alleged fair market value of the property in 1934, and...
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.