Ridge Rd. Inv. Corp. v. Commissioner

Ridge Road Investment Corporation v. Commissioner.

Ridge Rd. Inv. Corp. v. Commissioner

Docket No. 341.

United States Tax Court

1944 Tax Ct. Memo LEXIS 344; 3 T.C.M. (CCH) 197; T.C.M. (RIA) 44070;

February 29, 1944

Sidney S. Gorham, Jr., Esq., for the petitioner. E. C. Adams, Esq., for the respondent.

KERN

Memorandum Findings of Fact and Opinion

The Commissioner determined a deficiency in petitioner's income tax for the calendar year 1939 in the amount of $2,082.33, and in its excess profits tax for the same period in the amount of $724.14, resulting from his action disallowing a deduction in the…