CARDINAL CORPORATION v. COMMR. OF INTERNAL REVENUE, 52 T.C. 119 (1969) CARDINAL CORPORATION, LOUISVILLE, KENTUCKY (FORMERLY: CARDINAL LIFEINSURANCE CO.), PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT Docket No. 4778-64.United States Tax Court. Filed April 21, 1969. 1. Held, an amount received by petitioner in 1958 was not includable in gross income. Such amount was received […]
