(DOWNLOAD) "Smith v. Higgins" by United States Court of Appeals for the Second Circuit # Book PDF Kindle ePub Free
eBook details
- Title: Smith v. Higgins
- Author : United States Court of Appeals for the Second Circuit
- Release Date : January 06, 1939
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 51 KB
Description
The plaintiff filed his income tax return for 1932 with the Collector of Internal Revenue for the Third District of New York and therein claimed a deduction for a loss sustained on the sale of securities to Innisfail Corporation on December 29, 1932. He also claimed a deduction for a loss sustained on the sale of certain securities to his wife on the same date. Both deductions were disallowed; a deficiency in income taxes for 1932, based on the disallowances, was determined; and a fraud penalty was assessed. The plaintiff paid the amount of the deficiency, penalty and interest to the defendant collector. He then duly filed a claim for refund and, upon the failure of the Commissioner to act upon the claim within six months, brought this suit to recover the amount so paid.
 "Smith v. Higgins" by United States Court of Appeals for the Second Circuit # Book PDF Kindle ePub Free){kind=link}