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EUCLID-TENNESSEE, INC. v. COMMISSIONER

Docket No. 91228.

41 T.C. 752 (1964)

EUCLID-TENNESSEE, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed March 6, 1964.

Attorney(s) appearing for the Case

William Waller and Robert G. McCullough, for the petitioner.

James D. Burroughs, for the respondent.

DAWSON, Judge:

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

Taxable year ended—                                       Amount

   Dec. 31, 1957 ------------------------------------   $63,952.96
   Dec. 31, 1958 ------------------------------------    46,288.15
   Sept. 30, 1959 -----------------------------------    44,910.55

The petitioner does not contest the respondent's disallowance...

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