1. Home
  2. Browse Decisions
  3. T.C.
  4. 39 T.C.
  5. 39 T.C. 207 (1962)
 

NORTH AMERICAN AVIATION, INC. v. RENEGOTIATION BOARD

Docket Nos. 956-R, 980-R.

39 T.C. 207 (1962)

NORTH AMERICAN AVIATION, INC., PETITIONER, v. RENEGOTIATION BOARD, RESPONDENT.

United States Tax Court.

Filed October 25, 1962.

Attorney(s) appearing for the Case

Charles Pickett, Esq., Melvin D. Goodman, Esq., and James C. Foley, Esq., for the petitioner.

James H. Prentice, Esq., William H. Arkin, Esq., William E. Nelson, Esq., and Harland F. Leathers, Esq., for the respondent.

MULRONEY, Judge:

Respondent issued its unilateral order determining that for the fiscal years 1953 and 1954, ended September 30, petitioner received excessive profits on its renegotiable business in the amounts of $6 million and $14 million, respectively. By an amendment to its answer respondent now claims excessive profits for 1953 in the sum of $16 million and for 1954 in the sum of $21,500,000.

The evidence...

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