[Download] "Adwood Corp. v. Commissioner of Internal Revenue" by United States Court Of Appeals Sixth Circuit * eBook PDF Kindle ePub Free

eBook details
- Title: Adwood Corp. v. Commissioner of Internal Revenue
- Author : United States Court Of Appeals Sixth Circuit
- Release Date : January 23, 1952
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 67 KB
Description
This review involves deficiencies in taxes for the fiscal years ending May 31, 1942, 1943 and 1944. They grow out of a challenged determination by the Commissioner that the basis for depreciation of property was the sum paid by petitioner at foreclosure sale and not its cost to an earlier corporation, because the petitioner did not obtain the property in pursuance of a reorganization under the provisions of § 112 (b) (3), § 112(g) (1) (C) and § 112(b) (5), of the Internal Revenue Code, 26 U.S.C.A. § 112(b) (3, 5) (g) (1) (C).
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