DKD Enterprises v. Commissioner of IRS

How courts have described this case

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

• tax court’s legal conclusions are reviewed de novo and its factual findings for clear error; unless claimed deductions come clearly within scope of statute, they are not to be allowed
• tax court’s legal conclusions are reviewed de novo and its factual findings for clear error; all deductions are matters of legislative grace, and unless claimed deductions come clearly within scope of statute, they are not to be allowed

Source: CourtListener parenthetical corpus (CC0).