10 T.C. 600 (1948), 10620, Basalt Rock Co., Inc. v. C.I.R.

Citation: 10 T.C. 600

Opinion Judge: DISNEY, Judge:

Party Name: BASALT ROCK CO., INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Attorney: Harry R. Horrow, Esq., for the petitioner. Leonard Raum, Esq., for the respondent.

Judge Panel: VAN FOSSAN, J., dissenting: ARUNDELL, BLACK, and JOHNSON, JJ., agree with this dissent. KERN, J., dissenting: ARUNDELL and BLACK, JJ., agree with this dissent.

Case Date: April 14, 1948

Court: U.S. Tax Court