Raymond Saltzman v. Commissioner of Internal Revenue
U.S. Court of Appeals for the Third Circuit
Raymond Saltzman v. Commissioner of Internal Revenue, 227 F.2d 49 (3d Cir. 1955)
Raymond Saltzman v. Commissioner of Internal Revenue
Opinion
From our own examination we think the Tax Court’s conclusion that the properties in question were held by petitioner primarily for sale to customers in the ordinary course of his trade or business within the meaning of Section 117(a) and (j) of the Internal Revenue Code of 1939, as amended, 26 U.S.C.A. § 117(a, j), is fully justified by the record.
The decision of the Tax Court will be affirmed.
Reference
- Full Case Name
- Raymond SALTZMAN v. COMMISSIONER OF INTERNAL REVENUE
- Cited By
- 2 cases
- Status
- Published