The respondent determined deficiencies in income tax against the petitioner for the taxable years 1952 and 1953 in the respective amounts of $26,463.09 and $21,780.07. By amended answer, the respondent has made claim for deficiencies in amounts increased to $29,661.25 and $25,534.47. The years 1954 and 1955 are involved only because of a claimed operating net loss carryback from the year 1954 to the year 1952, and from the year 1955 to the year 1953.
The only adjustment...
Let's get started
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.