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CONSOLIDATED GAS & EQUIPMENT CO. v. COMMISSIONER

Docket No. 77627.

35 T.C. 675 (1961)

CONSOLIDATED GAS AND EQUIPMENT COMPANY OF AMERICA, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed January 31, 1961.

Attorney(s) appearing for the Case

L. Karlton Mosteller, Esq., James D. Fellers, Esq., and Edward G. Sievers, Esq., for the petitioner.

John P. Higgins, Esq., for the respondent.

WITHEY, Judge:

Deficiencies have been determined by respondent in the income tax of petitioner for the taxable years and in the respective amounts which follow:

Year ended May 31—                                      Deficiency

1954 -----------------------------------------------   $106,519.46
1955 -----------------------------------------------     39,533.34
1956 -----------------------------------------------    277,841...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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