Benichou v. Commissioner

Chantoub Benichou v. Commissioner.

Benichou v. Commissioner

Docket No. 5078-67.

United States Tax Court

T.C. Memo 1970-263; 1970 Tax Ct. Memo LEXIS 93; 29 T.C.M. (CCH) 1156; T.C.M. (RIA) 70263;

September 21, 1970, Filed.

Emilio A. Dominianni and Michael Keating, Pan American Bldg., 200 Park Ave., New York, N. Y., for the petitioners. Marlene Gross and Stanley J. Goldberg, for the respondent.

STERRETT

Memorandum Findings of Fact and Opinion

STERRETT, Judge: Respondent determined a deficiency in the amount of $14,738.89 in the petitioner's Federal income tax for the taxable year 1963. Due to concessions…