12 T.C. 875 (1949), 16100, Emerson v. C.I.R.

Citation: 12 T.C. 875

Opinion Judge: ARUNDELL, Judge:

Party Name: ISAAC EMERSON, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Attorney: Allan E. Finseth, Esq., and Dennis D. Daly, Esq., for the petitioner. Thomas A. Steele, Jr., Esq., for the respondent.

Judge Panel: DISNEY, J., dissenting: TURNER, J., agrees with this dissent.

Case Date: May 27, 1949

Court: U.S. Tax Court