1. Home
  2. Browse Decisions
  3. T.C.
  4. 11 T.C.
  5. 11 T.C. 626 (1948)
 

QUARTZ LABORATORIES, INC. v. SECRETARY OF WAR

Docket No. 332-R.

11 T.C. 626 (1948)

QUARTZ LABORATORIES, INC., A CORPORATION BANKRUPT, WILLIAM B. BOSTIAN, TRUSTEE IN BANKRUPTCY, PETITIONER, v. SECRETARY OF WAR AND/OR WAR CONTRACTS PRICE ADJUSTMENT BOARD, RESPONDENT.

United States Tax Court.

Promulgated October 18, 1948.

Attorney(s) appearing for the Case

Frank P. Barker, Esq., for the petitioner.

William V. Crosswhite, Esq., for the respondent.

This case presents the question of whether petitioner had excessive profits for the fiscal year ended September 30, 1943, upon contracts subject to renegotiation within the meaning of the Renegotiation Act of 1943, as amended. Respondent determined that petitioner's excessive profits for such year were $60,000. The correctness of respondent's determination rests largely upon what constitutes reasonable compensation for the services...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases