Internal Revenue Code:Sec. 7486. Refund, credit, or abatement of amounts disallowed

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Contents


Location in Internal Revenue Code


     TITLE 26 - INTERNAL REVENUE CODE
      Subtitle F - Procedure and Administration
       CHAPTER 76 - JUDICIAL PROCEEDINGS
        Subchapter D - Court Review of Tax Court Decisions
      

Statute

    Sec. 7486. Refund, credit, or abatement of amounts disallowed
 
      In cases where assessment or collection has not been stayed by
    the filing of a bond, then if the amount of the deficiency
    determined by the Tax Court is disallowed in whole or in part by
    the court of review, the amount so disallowed shall be credited or
    refunded to the taxpayer, without the making of claim therefor, or,
    if collection has not been made, shall be abated.
 

Sources

    (Aug. 16, 1954, ch. 736, 68A Stat. 891.)
 

References

                   SECTION REFERRED TO IN OTHER SECTIONS
      This section is referred to in section 6422 of this title.
 

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