4 T.C. 196 (1944), 1818, Elk Discount Corp. v. C. I. R.

Citation: 4 T.C. 196

Opinion Judge: SMITH, Judge:

Party Name: ELK DISCOUNT CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Attorney: Stanley G. Falk, Esq., for the petitioner. Bernard G. Long, Esq., for the respondent.

Judge Panel: MURDOCK, J., dissenting: MELLOTT and OPPER, JJ., agree with this dissent.

Case Date: Tuesday October 17, 1944

Court: U.S. Tax Court