Harchester Realty Corp. v. Commissioner

Harchester Realty Corp. v. Commissioner.

Harchester Realty Corp. v. Commissioner

Docket No. 78344.

United States Tax Court

T.C. Memo 1961-184; 1961 Tax Ct. Memo LEXIS 165; 20 T.C.M. (CCH) 922; T.C.M. (RIA) 61184;

June 21, 1961

Seymour J. Wilner, Esq., 400 Madison Ave., New York, N. Y., for the petitioner. Robert S. Bevan, Esq., for the respondent.

TIETJENS

Memorandum Findings of Fact and Opinion

TIETJENS, Judge: The Commissioner determined deficiencies in income tax for the period ending December 31, 1952 and the year 1953 in the amounts of $2,940.89 and $106,171.77, respectively. The years 1954 and…