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GRISWOLD RUBBER COMPANY, INC. v. COMMISSIONER

Docket No. 318-63.

24 T.C.M. 184 (1965)

T.C. Memo. 1965-33

Griswold Rubber Company, Inc. v. Commissioner.

United States Tax Court.

Filed February 18, 1965.

Attorney(s) appearing for the Case

Robert E. Jacobson, Charles E. Clapp II, and Ernest N. Agresti, Edwards & Angell, 15 Westminster St., Providence, R. I., for the petitioners. Albert R. Doyle, for the respondent.

Memorandum Findings of Fact and Opinion

DAWSON, Judge:1

Respondent determined deficiencies in petitioner's income tax for the fiscal years ended May 31, 1959 and May 31, 1960, in the amounts $37,497.25 and $28,639.52. Certain issues raised by the notice of deficiency and the pleadings have been conceded by the parties and will be given effect in the Rule 50 computation. The only...

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