# Interurban Constr. Co. v. Commissioner

> United States Board of Tax Appeals · November 16, 1926 · 5 B.T.A. 529

URL: https://www.frixlaw.com/law-library/cases/4499424

## Case

- **Full name:** APPEAL OF INTERURBAN CONSTRUCTION CO.
- **Court:** United States Board of Tax Appeals
- **Decided:** November 16, 1926
- **Citations:** 5 B.T.A. 529; 1926 BTA LEXIS 2845
- **Precedential status:** Published
- **Opinion:** Opinion of the court by Littleton
- **Judges:** Littleton
- **Cited by:** 0 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/4499424

## Opinion text

*530 OPINION.
Littleton:
Our decision of the issue involved in this appeal is governed by the decision of the Board in the Appeal of Farmers Deposit National Bank, 5 B. T. A. 520. Upon the authority of that decision, it is held that no taxable gain was realized by the petitioner from the sale of the stock of the Oklahoma Union Railway Co., and the Commissioner’s determination of the deficiency, in so far as it resulted from the inclusion of a profit of $53,019.62 upon the sale of the stock, was erroneous.
Judgment will be entered on 15 days’ notice, under Rule 50.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4499424. Public record. Not legal advice.