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  5. 20 T.C. 849 (1953)
 

AUSTIN TRANSIT, INC. v. COMMISSIONER

Docket Nos. 35411, 35412, 35413.

20 T.C. 849 (1953)

AUSTIN TRANSIT, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. BUS LEASING CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. ZACHRY REALTY CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated July 23, 1953.

Attorney(s) appearing for the Case

Oliver W. Hammonds, Esq., and George D. Ray, Esq., for the petitioners.

J. Marvin Kelley, Esq., for the respondent.

The respondent has determined the following deficiencies in income taxes:

                              Austin Transit, Inc.

                                  Docket No. 35411

                   Year                                                Deficiency

Period Dec. 29, 1945, to July 31, 1946 -----------------------------   $28,215.06
Fiscal year July 31, 1947 ------------------------------------------    28,648.19
Fiscal year...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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