Respondent determined a deficiency in petitioners' income tax for the year 1953 in the amount of $6,935.73. At issue is whether certain losses resulted from sales "indirectly" between members of a family. Sec. 24 (b) (1) (A), I. R. C. 1939.
FINDINGS OF FACT.
Some of the facts have been stipulated and the entire stipulation is incorporated herein by this reference as part of our findings.
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.