Walter W. Cruttenden and Fay T. Cruttenden 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.

• noting the connection between capitalization rules in Treas. Reg. § 1.263(a)-2 and cost basis
• expenses incurred in defense of title are capital and not deductible under section 212
• section 212(2) must be harmonized with section 263(a)

Source: CourtListener parenthetical corpus (CC0).