1. Home
  2. Browse Decisions
  3. T.C.
  4. 15 T.C.
  5. 15 T.C. 489 (1950)
 

ELECTRONIC MECHANICS, INC. v. COMMISSIONER

Docket No. 18899.

15 T.C. 489 (1950)

ELECTRONIC MECHANICS, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated October 10, 1950.

Attorney(s) appearing for the Case

Sydney A. Gutkin, Esq., and David Beck, Esq., for the petitioner.

Stanley W. Herzfeld, Esq., for the respondent.

By this proceeding petitioner challenges a deficiency in excess profits tax of $39,835.04 for the year 1942. The only question is whether and to what extent petitioner is entitled to relief from excess profits tax under Internal Revenue Code, section 721 (a) (2) (C). Other adjustments are not contested.

FINDINGS OF FACT.

Petitioner, a New Jersey corporation, filed its excess profits tax return for 1942 with the collector...

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