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SOUTHWELL COMBING CO. v. COMMISSIONER

Docket Nos. 53842, 54484.

28 T.C. 553 (1957)

SOUTHWELL COMBING COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed May 29, 1957.

Attorney(s) appearing for the Case

Edward C. Park, Esq., for the petitioner.

James R. McGowan, Esq., for the respondent.

OPINION.

RICE, Judge:

These consolidated proceedings involve deficiencies in income tax in the following amounts:

                                        Fiscal year
Docket No.                             ended June 30   Deficiency

                                           | 1948      $38,990.08
53842 ------------------------------      <  1949       28,640.41
                                     ...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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