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PETERSON MACHINE TOOL, INC. v. COMMISSIONER

Docket Nos. 8607-80, 8980-80-8982-80.

79 T.C. 72 (1982)

PETERSON MACHINE TOOL, INC., AND ITS SUBSIDIARY, KANSAS INSTRUMENTS, INCORPORATED, ET AL., PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed July 14, 1982.

Attorney(s) appearing for the Case

Merrill R. Talpers, Glenn E. Bradford, and Ronald S. Bronstein, for the petitioners in docket No. 8607-80.

Laurin W. Schutter, for the petitioners in docket Nos. 8980-80, 8981-80, and 8982-80.

James E. Cannon, for the respondent.

FORRESTER, Judge:

In these consolidated cases, respondent has determined deficiencies in petitioners' Federal income taxes as follows:

                                                  Year
          Petitioner             Docket No.      ending      Deficiency

Peterson Machine Tool, Inc.,      8607-80        8/31/76     $22,997.00
 and its subsidiary,                             8/31/77      11,154.00
 Kansas...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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