[DOWNLOAD] "Priest v. Chicago" by United States Court of Appeals Eighth Circuit. * Book PDF Kindle ePub Free
eBook details
- Title: Priest v. Chicago
- Author : United States Court of Appeals Eighth Circuit.
- Release Date : January 31, 1951
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 50 KB
Description
The banks appeal presents the question whether, under the facts, as either admitted or established, the bank in its temporary position as executor in possession was entitled in the determination of its income tax for the years 1940 and 1941 to deduct from gross income, depreciation on the value of an asserted interest in a building erected by the tenant under a long term lease and located on a parcel of real estate belonging to the estate of the decedent, who was lessor in the lease. The situation in which the controversy arose will now be recalled as briefly as seems appropriate.