TRANSIT BUSES, INC. v. COMMISSIONER

Docket No. 27956.

20 T.C. 999 (1953)

TRANSIT BUSES, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated September 16, 1953.


Attorney(s) appearing for the Case

Merle H. Miller, Esq., and Wesley A. Dierberger, Esq., for the petitioner.

Lester M. Ponder, Esq., and Lyman G. Friedman, Esq., for the respondent.


The respondent determined deficiencies and overassessments in the petitioner's income and excess profits taxes as follows:

                                                                          Overassessment
                                                          Deficiency in      of excess
                          Year                              income tax     profits tax

Jan. 31 to Nov. 30, 1941 -----...

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