HUDSON ENGINEERING CORPORATION
v.
COMMISSIONER OF INTERNAL REVENUE; COMMISSIONER OF INTERNAL REVENUE V. HUDSON ET AL.

5th Cir. | 1950-07-07
No. 13043
Before HUTCHESON, Chief Judge, and McCORD and RUSSELL, Circuit Judges.
183 F.2d 180 Court of Appeals for the Fifth Circuit (1950) Caution
Cited by 10 cases

Opinion of the Court
PER CURIAM.

PER CURIAM.

Upon consideration of the record, the briefs and the oral argument, it appears that the Tax Court by its findings of fact and opinion correctly adjudged Hudson Engineering Corporation was required to accrue additional income in the taxable year, and that Edward J. Hudson possessed an economic interest in the specified minerals in place which entitled him to a deduction for depletion. 11 T.C. 1042.

The determinations of the Tax Court are

Affirmed.


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