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Electro-Chemical Engraving Co., Inc. v. Commissioner, 311 U.S. 513 (1941)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Electro-Chemical Engraving Co., Inc. v. Commissioner, 311 U.S. 513 (1941)
Electro-Chemical Engraving Co., Inc. v. Commissioner of Internal Revenue No. 62 Argued December 12, 1940 Decided January 6, 1941 311 U.S. 513
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE SECOND CIRCUIT
Syllabus
A loss sustained by a corporation upon foreclosure sale of its mortgaged property held, in computing taxable income under the Revenue Act of 1934, deductible only to the limited extent allowed by §§ 23(j) and 117(d) for losses from "sale" or exchanges of capital assets. Helvering v. Hammel, ante, p. 504, followed. P. 514.
110 F.2d 614 affirmed.
Certiorari, 310 U.S. 622, to review the reversal of a decision of the Board of Tax Appeals redetermining a deficiency in income tax.
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Chicago: U.S. Supreme Court, "Syllabus," Electro-Chemical Engraving Co., Inc. v. Commissioner, 311 U.S. 513 (1941) in 311 U.S. 513 Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=2DER88X4DQUDYTF.
MLA: U.S. Supreme Court. "Syllabus." Electro-Chemical Engraving Co., Inc. v. Commissioner, 311 U.S. 513 (1941), in 311 U.S. 513, Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=2DER88X4DQUDYTF.
Harvard: U.S. Supreme Court, 'Syllabus' in Electro-Chemical Engraving Co., Inc. v. Commissioner, 311 U.S. 513 (1941). cited in 1941, 311 U.S. 513. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=2DER88X4DQUDYTF.
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