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RESERVE KNITTING MILLS, INC. v. COMMISSIONER

Docket Nos. 17055, 17351.

8 T.C.M. 379 (1949)

Reserve Knitting Mills, Inc. v. Commissioner.

United States Tax Court.

Entered April 25, 1949.

Attorney(s) appearing for the Case

Milton R. Schlesinger, Esq., Public Square Bldg., Cleveland, Ohio, for the petitioner. Clarence E. Price, Esq., for the respondent.

Memorandum Findings of Fact and Opinion

These cases, consolidated for hearing and disposition by agreement of the parties, involve the following deficiencies:

                              Declared       Excess
                  Income    Value Excess     Profits
  Year             Taxes    Profits Taxes     Taxes

  1942........    $604.45     $2,206.87     $ 9,941.27
  1943........      91.43      5,406.82      40,618.77
  1944........      ...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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