National Lead Co. v. Commissioner,
352 U.S. 313 (1957)

Annotate this Case
  • Syllabus  | 
  • Case

U.S. Supreme Court

National Lead Co. v. Commissioner, 352 U.S. 313 (1957)

National Lead Co. v. Commissioner of Internal Revenue

No. 124

Argued December 13, 1956

Decided January 22, 1957

352 U.S. 313


Under § 124(f) of the Internal Revenue Code of 1939, as amended, the War Production Board had authority to certify that only a part of the cost of essential wartime expansion of production facilities of a private manufacturer was "necessary in the interest of national defense," so a to be amortizable within five years or less under § § 23(t) and 12 for income tax purposes. Pp. 352 U. S. 313-314.

230 F.2d 161 affirmed on other grounds.

Disclaimer: Official Supreme Court case law is only found in the print version of the United States Reports. Justia case law is provided for general informational purposes only, and may not reflect current legal developments, verdicts or settlements. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or information linked to from this site. Please check official sources.