ROSEDALE DAIRY COMPANY, INC. v. COMMISSIONER

Docket No. 61886.

16 T.C.M. 1121 (1957)

T.C. Memo. 1957-243

Rosedale Dairy Company, Inc. v. Commissioner.

United States Tax Court.

Filed December 31, 1957.


Attorney(s) appearing for the Case

T. L. Sawyer, Esq., 203 Granby Street, Norfolk, Va., for the petitioner. Marion B. Morton, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

This proceeding involves deficiencies in income tax for petitioner's fiscal years ended July 31, 1952 and July 31, 1953, in the respective amounts of $7,061.81 and $9,325.62. The only issue is whether rebates which petitioner made to certain customers, in violation of the minimum price regulations of the Milk Commission of Virginia, constituted income when originally received...

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