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FIRST PENNSYLVANIA BANKING & TRUST CO. v. COMMISSIONER

Docket No. 1215-68.

56 T.C. 677 (1971)

THE FIRST PENNSYLVANIA BANKING AND TRUST COMPANY, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed June 30, 1971.

Attorney(s) appearing for the Case

C. Walter Randall, Jr., for the petitioner.

Albert J. O'Connor, for the respondent.

FORRESTER, Judge:

Respondent has determined deficiencies in petitioner's corporate income tax in the years and for the amounts as follows:

Year                                                      Tax

1959 ------------------------------------------------- $203,405.12
1960 -------------------------------------------------    6,448.29
1961 -----------------------------------------------...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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