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STONECREST CORPORATION v. COMMISSIONER

Docket Nos. 42445, 42446.

24 T.C. 659 (1955)

THE STONECREST CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. THE BROOKFIELD CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed July 14, 1955.

Attorney(s) appearing for the Case

Bert F. Rabinowitz, Esq., and Scott H. Dunham, C. P. A., for the petitioners.

T. M. Mather, Esq., for the respondent.

The Commissioner determined the following deficiencies against the petitioners:

                         Stonecrest Corporation

--------------------------------------------------------------------------
                            |            | Declared value |
            Year            | Income tax | excess-profits | Excess profits
                            |            |       tax      |      tax
----------------------------|------------|...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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