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REAL ESTATE CORPORATION, INC. v. COMMISSIONER

Docket No. 69418.

35 T.C. 610 (1961)

REAL ESTATE CORPORATION, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed January 24, 1961.

Attorney(s) appearing for the Case

N. E. Snyder, Esq., for the petitioner.

Edward E. Pigg, Esq., for the respondent.

FORRESTER, Judge.

Respondent has determined deficiencies in petitioner's income tax for the taxable years 1950, 1951, and 1952 as follows:

Year                                                     Deficiency

1950 -------------------------------------------------   $3,613.09
1951 -------------------------------------------------    8,296.05
1952 -------------------------------------------------   25,418.61
                    ...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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