[Download] "Gamble v. Commissioner of Internal Revenue" by United States Court Of Appeals Fifth Circuit. * Book PDF Kindle ePub Free

eBook details

Title: Gamble v. Commissioner of Internal Revenue
Author : United States Court Of Appeals Fifth Circuit.
Release Date : January 21, 1957
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 65 KB

Description

In this proceeding we review a decision of the Tax Court which affirmed a determination of the respondent, Commissioner of Internal Revenue, holding that profits made by the petitioner, Harry P. Gamble, Jr., from the sales of real estate in the years 1949 and 1950 were not entitled to be treated as capital gains in computing Federal income taxes, but on the contrary, were ordinary income and taxable as such.