MAKRANSKY'S ESTATE
v.
COMMISSIONER OF INTERNAL REVENUE; MAKRANSKY V. SAME (FOUR CASES)
MAKRANSKY'S ESTATE
COMMISSIONER OF INTERNAL REVENUE; MAKRANSKY V. SAME (FOUR CASES)
154 F.2d 59
United States Court of Appeals for the Third Circuit (1946)
Positive Treatment
Cited by 3 cases
Opinion of the Court
PER CURIAM.
In these cases the taxpayers ask this court to review the finding of the Tax Court that a loss which they incurred in the sale of contracts for the future delivery of wool was a loss upon the sale of capital assets and not an ordinary and necessary expense of their business deductible under Section 23(a) of the Internal Revenue Code, 26 U.S.C.A. Int.Rev.Code, § 23(a), or a loss deductible under Section 23(e). We think that this is a finding which this court is not at liberty to review. Dobson v. Commissioner, 1943, 320 U.S. 489, 64 S.Ct. 239, 88 L.Ed. 248; John Kelley Co. v. Commissioner, 1946, 66 S.Ct. 299.
The decision of the Tax Court is affirmed.
Cases With Similar Vibessemantic neighbors from the corpus
Citator
Cited By
-
Corn Prods. Ref. Co. v. Commissioner of Internal Revenue, 350 U.S. 46 (U.S. 1955)
-
Corn Prods. Ref. Co. v. Commissioner OF Internal Revenue, 215 F.2d 513 (2d Cir. 1954)
-
Vargas v. Esquire, Inc., 164 F.2d 522 (7th Cir. 1947)
Authorities Cited
- Dobson v. Commissioner of Internal Revenue, 320 U.S. 489 (U.S. 1943)
- John Kelley Co. v. Commissioner of Internal Revenue, 326 U.S. 521 (U.S. 1946)