1220 Realty Co. v. Commissioner

The 1220 Realty Company v. Commissioner. The Wheeler-Annex Properties, Inc. v. Commissioner.

1220 Realty Co. v. Commissioner

Docket Nos. 84610, 84611.

United States Tax Court

T.C. Memo 1962-67; 1962 Tax Ct. Memo LEXIS 241; 21 T.C.M. (CCH) 360; T.C.M. (RIA) 62067;

March 27, 1962

Elmer J. Babin, Esq., 910 Carnegie Hall, Cleveland, Ohio, for the petitioners. John P. Graham, Esq., for the respondent.

TIETJENS

Memorandum Findings of Fact and Opinion

TIETJENS, Judge: The Commissioner determined deficiencies in income tax as follows:

Fiscal Year

Ended

Deficiency

The 1220 Realty Co.

4-30-56

$5,526.45

4-30-57

1,951.10

4…