J. C. Nichols Realty Co. v. Commissioner

Board of Tax Appeals

J. C. Nichols Realty Co. v. Commissioner

20 B.T.A. 402, 1930 BTA LEXIS 2130

CourtUnited States Board of Tax Appeals

DecidedJuly 30, 1930

DocketDocket No. 30160.

StatusPublished

Cited by1 cases

This text of 20 B.T.A. 402 (J. C. Nichols Realty Co. 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

J. C. Nichols Realty Co. v. Commissioner, 20 B.T.A. 402, 1930 BTA LEXIS 2130 (bta 1930).

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Opinion

[404]*404OPINION.

Lansdon:

This case raises the same questions as in J. C. Nichols Realty Co., 20 B. T. A. 398, decided this day; and, except for figures, the stipulated facts are the same in both cases. Accordingly, it is held that the respondent properly included in income for 1922 the payments received in that year on account of installment sales of 1920 and 1921.

In accordance with respondent’s confession of error as to the other issue, the net income shown by the deficiency notice should be reduced by the sum of $2,454.89.

Judgment will be entered under Rule 50.

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