- 15 -
cases which have distinguished Cotnam, see Sinyard v.
Commissioner, T.C. Memo. 1998-364; Srivastava v. Commissioner,
T.C. Memo. 1998-362; and Coady v. Commissioner, T.C. Memo. 1998-
291, and additional cases cited therein. We hold that
petitioners' gross income includes their punitive damage awards
unreduced by their attorney's fees (and costs).
To reflect the foregoing and petitioners' concessions,
Decisions will be entered
for respondent.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Last modified: May 25, 2011