Cassatt v. Commissioner of Internal Revenue

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• payment of $346,524.06 for relief of lease obligations of $1,076,000 held deductible in year of payment, not amortizable over life of lease
• payment of $ 346,524.06 for relief of lease obligations of $ 1,076,000 held deductible in year of payment, not amortizable over life of lease

Source: CourtListener parenthetical corpus (CC0).