MARKS v. COMMISSIONER

Docket No. 4774.

6 T.C. 659 (1946)

LEO MARKS, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated April 9, 1946.


Attorney(s) appearing for the Case

Arthur A. Miller, Esq., David A. Kaufman, Esq., and I. R. Miller, C. P. A., for the petitioner.

William F. Robinson, Esq., and Lawrence R. Bloomenthal, Esq., for the respondent.


This proceeding is for the redetermination of deficiencies in income tax for the fiscal years ended January 31, 1941 and 1942, in the respective amounts of $546.69 and $6,975.33.

The petitioner waives his allegations of error with respect to the determination of the deficiency for the fiscal year ended January 31, 1941. The only question with respect to the fiscal year ended January 31, 1942, is whether the petitioner is taxable upon the entire amount of net income...

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