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BLUME KNITWEAR, INC. v. COMMISSIONER

Docket No. 10629.

9 T.C. 1179 (1947)

BLUME KNITWEAR, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated December 23, 1947.

Attorney(s) appearing for the Case

Sydney A. Gutkin, Esq., for the petitioner.

Clay C. Holmes, Esq., for the respondent.

By this proceeding petitioner seeks a redetermination of its tax liabilities for its taxable year ended November 30, 1942, as follows:

In come tax -----------------------------------------------   $1,191.96
Declared value excess profits tax -------------------------    2,013.45
Excess profits tax ----------------------------------------    8,839.93
                                                              _________
     Total -------------------------...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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