1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 17 T.C.M.
  5. 17 T.C.M. 271 (1958)
 

BLUEGRASS PLANT FOODS, INC. v. COMMISSIONER

Docket No. 65702.

17 T.C.M. 271 (1958)

T.C. Memo. 1958-53

Bluegrass Plant Foods, Inc. v. Commissioner.

United States Tax Court.

Filed March 31, 1958.

Attorney(s) appearing for the Case

William R. Bagby, Esq., 615 First National Bank Building, Lexington, Ky., for the petitioner. Stanley E. Jennings, Esq., for the respondent.

Memorandum Findings of Fact and Opinion

BRUCE, Judge:

Respondent determined deficiencies in the income tax of petitioner as follows:

  Year Ended          Deficiency

  6-30-54............ $26,737.00
  6-30-55............  14,445.47

The only issue for decision is whether a deduction claimed for officers' salaries paid during each of the years in issue is reasonable.

Findings of Fact

The stipulated facts and attached...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases