Roosevelt Hotel, Inc. v. Commissioner

Roosevelt Hotel, Inc. v. Commissioner.

Roosevelt Hotel, Inc. v. Commissioner

Docket No. 25810.

United States Tax Court

1953 Tax Ct. Memo LEXIS 244; 12 T.C.M. (CCH) 568; T.C.M. (RIA) 53177;

May 22, 1953

Sidney U. Hiken, Esq., 231 South LaSalle Street, Chicago, Ill., for the petitioner. Rigmor O. Carlsen, Esq., for the respondent.

HARRON

Memorandum Findings of Fact and Opinion

HARRON, Judge: The Commissioner has determined deficiencies in income and declared value excess profits taxes for 1944 in the respective amounts of $42,210.28 and $4,797.68.

The respondent concedes that the petitioner is entitled…