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CARBORUNDUM CO. v. COMMISSIONER

Docket Nos. 7289-74, 2338-75, 2339-75.

70 T.C. 59 (1978)

THE CARBORUNDUM COMPANY, A DELAWARE CORPORATION, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed April 26, 1978.

Attorney(s) appearing for the Case

Walter A. Slowinski, Dennis I. Meyer, and Ivan Shandor, for the petitioner.

James Silhasek, Sommers T. Brown, and James F. Perna, for the respondent.

WILES, Judge:

Respondent determined the following deficiencies in petitioner's Federal income taxes:

   Year                     Deficiency
   1963 -----------------    $39,250.00
   1964 -----------------     43,986.00
   1965 -----------------     42,753.00
   1966 -----------------    $57,861.10
   1967 -----------------     57,350.31
   1968 -----------------     54,991.38

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