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Court of Tax Appeals decisions
8,629 decisions · 1954–2026
3 decisions in June 1981
Newest first
- CTA Case No. 3061 CTA Case No. 3061
- iutE··J~~.fi'<' m.7 Tm~ rmu r.-~H'"'··~ cour~T o;:;- 1'AJ{.t~.f·'f.F:.t~ m:~:~4t;.m..r c~n·T A10DES'l'O T. FLOH.ESv as Administrator of the Testate ~state of the late Mary McDon~ld Bachrach, Petit ion.of the National IntE:rna.l Revenue Code, ~eal property used in trade or busi- ness of the TAXpayer and which is of a character subject to the allowance for depreciation is not considered a capital asset. Contending that a property consisting of three parcels of land and imprc.·;emcnts thereon which the Test~=. te Estate of th l ate Mary McDonald Bachrach sold in 1970 does not con~titutc a capital asset because prior to the sale, the said property had been leas~d to tenants from wbicb 1:ent.al income was der::i.ved and fl:OF\ which yearly depreciation ~as c~aimed as deduction, res- 260 CTA Case No. 2893
- &Ipuiuc Op Tuk PIIILIPPNU8 Court of Tax Appeals Ot:Azon City Advertising Associates, Inc., et al. vs. Cohmissioner of Internal Revenue CTA Case No. 3017