This proceeding involves a deficiency in excess profits tax for the year 1943 in the amount of $40,693.93.
Petitioner, by amended petition, has withdrawn its assignment of error relating to respondent's disallowance of additions of $10,000 and $30,000 to its reserve for doubtful accounts in the calendar years 1942 and 1943, respectively, and the resulting income tax deficiency of $9,053.53 determined by respondent for 1942. Petitioner has also abandoned in its amended...
Let's get started
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.