Bayonne Furniture Industries, Inc. v. Commissioner

Bayonne Furniture Industries, Inc. v. Commissioner.

Bayonne Furniture Industries, Inc. v. Commissioner

Docket No. 56024.

United States Tax Court

T.C. Memo 1957-39; 1957 Tax Ct. Memo LEXIS 217; 16 T.C.M. (CCH) 168; T.C.M. (RIA) 57039;

February 28, 1957

Alfred S. Pellard, Esq., 501 Madison Avenue, New York, N. Y., for the petitioner. Charles M. Greenspan, Esq., for the respondent.

OPPER

Memorandum Findings of Fact and Opinion

OPPER, Judge: Respondent determined deficiencies in petitioner's income tax and personal holding company surtax liability as follows:

Personal Hold-

ing Company

Year

Income Tax

Surtax

194…