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HAMILTON INDUSTRIES INC. v. COMMISSIONER

Docket No. 24006-88.

97 T.C. 120 (1991)

HAMILTON INDUSTRIES INC., SUCCESSOR OF MAYLINE COMPANY, INC. AND SUBSIDIARY, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed July 30, 1991.

Attorney(s) appearing for the Case

Leslie J. Schneider and Patrick J. Smith, for the petitioner.

Wilton A. Baker and Dianne I. Crosby, for the respondent.

WELLS, Judge:

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

      TYE June 30                     Deficiency

      1977 .........................     $31,210
      1980 .........................     755,228
      1981 .........................   1,952,926
      1982 .........................   1,464,788
      1983 .........................     197...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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