FOUNTAIN CITY COOPERATIVE CREAMERY ASSOCIATION v. COMMISSIONER

Docket No. 10969.

9 T.C. 1077 (1947)

FOUNTAIN CITY COOPERATIVE CREAMERY ASSOCIATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated December 8, 1947.


Attorney(s) appearing for the Case

Martin L. Fugina, Esq., for the petitioner.

H. H. Hart, Esq., for the respondent.


OPINION.

HARLAN, Judge:

This proceeding involves deficiencies in income and declared value excess profits taxes for the calendar year 1943 as follows: Income tax, $1,393.55, and declared value excess profits tax, $142.22; total, $1,535.77.

Petitioner filed with the collector of internal revenue for the district of Wisconsin its corporation income and declared value excess profits tax return, Form 1120, for the calendar year 1943. This return...

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