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CONSOLIDATED FOODS CORP. v. COMMISSIONER

Docket No. 4650-74.

66 T.C. 436 (1976)

CONSOLIDATED FOODS CORPORATION, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed June 14, 1976.

Attorney(s) appearing for the Case

Paul W. Clevenger (an officer), for the petitioner.

Harmon B. Dow, for the respondent.

OPINION

WILES, Judge:

Respondent determined deficiencies in the income taxes of Conso Fastener Corp. (hereinafter Conso) as follows:

FYE June 30—                 Amount

  1967 --------------------  $3,500
  1968 --------------------  55,517
  1969 --------------------  35,757
                             ______
     Total ----------------  94,774

Petitioner...

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