1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 30 T.C.M.
  5. 30 T.C.M. 1216 (1971)
 

ISC INDUSTRIES INC. v. COMMISSIONER

Docket No. 4060-69.

30 T.C.M. 1216 (1971)

T.C. Memo. 1971-283

ISC Industries Inc., Successor of Indian Finance Corporation v. Commissioner.

United States Tax Court.

Filed November 3, 1971.

Attorney(s) appearing for the Case

Harry P. Dees, Union Federal Bldg., Evansville, Ind., for the petitioner. James J. McGrath, for the respondent.

Memorandum Findings of Fact and Opinion

IRWIN, Judge:

The Commissioner determined the following deficiencies in petitioner's income tax:

  Year               Deficiency

  1964 ...........  $ 65,800.74
  1965 ...........    80,412.05
                    ___________
    Total ........  $146,212.79

Nearly all of these amounts are in controversy as a result of respondent's determination that the principal purpose of petitioner's...

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