Hammond Lead Products, Inc. v. Commissioner

Hammond Lead Products, Inc. v. Commissioner.

Hammond Lead Products, Inc. v. Commissioner

Docket No. 913-67.

United States Tax Court

T.C. Memo 1969-14; 1969 Tax Ct. Memo LEXIS 284; 28 T.C.M. (CCH) 54; T.C.M. (RIA) 69014;

January 16, 1969, Filed

Lester M. Ponder, 1313 Merchants Bank Bldg., Indianapolis, Ind., and Owen Crumpacker for the petitioner. Wayne I. Chertow and James J. McGrath, for the respondent.

DAWSON

Memorandum Findings of Fact and Opinion

DAWSON, Judge: Respondent determined deficiencies in petitioner's Federal income taxes as follows:

Taxable Year Ended

Deficiency

July 31, 1963

$22,016.48

July…