16 T.C. 332 (1951), 22498, Sherman v. C.I.R.

Citation: 16 T.C. 332

Opinion Judge: RAUM, Judge:

Party Name: JOSEPH H. SHERMAN, JR., AND SOPHIE SHERMAN, HUSBAND AND WIFE, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Attorney: Robert D. Price, Esq., and Francis X. Reilly, Jr., Esq., for the petitioners. Leo C. Duersten, Esq., for the respondent.

Judge Panel: VAN FOSSAN, J., dissents. OPPER, J., concurs only in the result. DISNEY, J., dissenting: ARUNDELL, LEECH, HILL, JJ., agree with the dissent.

Case Date: February 15, 1951

Court: U.S. Tax Court