MULRONEY, Judge:
Respondent determined deficiencies in petitioner's corporate income tax for the fiscal years ended April 30, 1960, 1961, and 1962, in the respective amounts of $2,158.57, $4,043.97, and $4,560.11.
The sole issue is the reasonableness of salaries paid to officers and claimed as deductions for the above years and for the year ended April 30, 1957, which latter year is involved because of a net operating loss carry-forward affecting the...
Let's get started

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.