Hunter v. Commissioner

Board of Tax Appeals

Hunter v. Commissioner

5 B.T.A. 1177, 1927 BTA LEXIS 3668

CourtUnited States Board of Tax Appeals

DecidedJanuary 25, 1927

DocketDocket No. 8228.

StatusPublished

Cited by1 cases

This text of 5 B.T.A. 1177 (Hunter v. Commissioner) is published on Counsel Stack Legal Research, covering United States Board of Tax Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Hunter v. Commissioner, 5 B.T.A. 1177, 1927 BTA LEXIS 3668 (bta 1927).

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Opinion

Marquette:

This is a proceeding for the redetermination of, a deficiency in income tax for the years 1920 and 1921 in the amount of $166.23. The question involved is the amount of gain realized by the petitioner on the sale of certain real estate in the year 1921.

FINDINGS OF FACT.

The petitioner is an individual residing in Enid, Okla. In the year 1921 he sold for $15,000 a cértain tract of land, consisting of 160 acres, which he had acquired prior to March 1, 1913. The respondent determined that the value of the land on March 1, 1913, was $9,790 and that the petitioner realized a profit of $5,210 from the sale thereof; and he accordingly included that amount in the petitioner’s income for the year 1921. There is nothing in the record that would justify a finding that the value of the land on March 1, 1913, was other than as determined by the respondent.

Judgment will be entered for the respondent.

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Marquette:

This is a proceeding for the redetermination of, a deficiency in income tax for the years 1920 and 1921 in the amount of $166.23. The question involved is the amount of gain realized by the petitioner on the sale of certain real estate in the year 1921.

FINDINGS OF FACT.

The petitioner is an individual residing in Enid, Okla. In the year 1921 he sold for $15,000 a cértain tract of land, consisting of 160 acres, which he had acquired prior to March 1, 1913. The respondent determined that the value of the land on March 1, 1913, was $9,790 and that the petitioner realized a profit of $5,210 from the sale thereof; and he accordingly included that amount in the petitioner’s income for the year 1921. There is nothing in the record that would justify a finding that the value of the land on March 1, 1913, was other than as determined by the respondent.

Judgment will be entered for the respondent.

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Bluebook (online)

5 B.T.A. 1177, 1927 BTA LEXIS 3668, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hunter-v-commissioner-bta-1927.

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