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EDELL v. U.S.

Docket No. 882-R.

28 T.C. 601 (1957)

HARRY EDELL AND LEWIS H. EDELL, A COPARTNERSHIP, DOING BUSINESS AS HARRY EDELL, PETITIONER, v. UNITED STATES OF AMERICA, RESPONDENT.

United States Tax Court.

Filed June 10, 1957.

Attorney(s) appearing for the Case

William J. Casey, Esq., and Edward J. Brady, Esq., for the petitioner.

Harland F. Leathers, Esq., and James H. Prentice, Esq., for the respondent.

The respondent determined by orders dated June 9, 1949, that the petitioner realized excessive profits for the years 1943, 1944, and 1945, derived from contracts and subcontracts subject to renegotiation in the amounts of $25,735, $85,541, and $170,377, respectively, or a total of $281,653 for the 3 years. Respondent now claims that petitioner realized excessive profits for the years 1943, 1944, and 1945, in the amounts of $36,000, $84,000, and $120,000, or a total of $240...

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