1. Home
  2. Browse Decisions
  3. T.C.
  4. 34 T.C.
  5. 34 T.C. 937 (1960)
 

BOARDWALK NATIONAL BANK OF ATLANTIC CITY v. COMMISSIONER

Docket No. 70527.

34 T.C. 937 (1960)

THE BOARDWALK NATIONAL BANK OF ATLANTIC CITY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed September 14, 1960.

Attorney(s) appearing for the Case

Logan Morris, Esq., for the petitioner.

Edward L. Newberger, Esq., for the respondent.

FISHER, Judge:

This case involves deficiencies determined by respondent in the following amounts:

1954 ----------------------------------------------   $49,986.66
1955 ----------------------------------------------    84,689.54

The parties agree that petitioner was entitled to a deduction of $596.88 for amortization and depreciation in each of the years 1954 and 1955 which had not been claimed on petitioner's returns. The sole issue...

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