1. Home
  2. Browse Decisions
  3. T.C.
  4. 46 T.C.
  5. 46 T.C. 835 (1966)
 

BEATTY v. COMMISSIONER

Docket No. 997-64.

46 T.C. 835 (1966)

MONROE W. BEATTY AND PEGGY BEATTY, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed September 30, 1966.

Attorney(s) appearing for the Case

Robert M. Sweet, for the petitioners.

Arthur P. Generaux, Jr., for the respondent.

TANNENWALD, Judge:

Respondent determined a deficiency in the Federal income tax of petitioners for the taxable year 1961 in the amount of $12,948.49.

The sole issue for our determination is whether petitioners were entitled to deduct the cost of an on-sale retailer's liquor license as a loss under section 165(a)1 as a result of the amendment of the statute under which the license...

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