Meyers v. United States

The plaintiffs sue to recover $29,439.33, representing income tax deficiency, negligence penalty and interest thereon, for the calendar year 1948, and $269.16, with interest thereon, which sum represents a conceded overpayment for the calendar year 1950. The law governing the case and the basic facts are set forth in the decision rendered by the court on October 4, 1955, 133 C. Cls. 123. The court held in that decision that there was no evidence supporting defendant’s *304beginning cash on hand in its net worth statement and that plaintiff’s evidence failed to furnish a basis for entering…