Washington Inst. of Tech. v. Commissioner

Washington Institute of Technology, Inc. v. Commissioner.

Washington Inst. of Tech. v. Commissioner

Docket No. 23794.

United States Tax Court

1951 Tax Ct. Memo LEXIS 365; 10 T.C.M. (CCH) 17; T.C.M. (RIA) 51001;

January 9, 1951

Robert A. Littleton, Esq., for the petitioner. George J. LeBlanc, Esq., for the respondent.

JOHNSON

Memorandum Findings of Fact and Opinion

JOHNSON, Judge: Respondent has determined a deficiency in petitioner's excess profits tax liability in the amount of $51,322.97 for the fiscal year ended May 31, 1943. Of the adjustments made by respondent the only adjustment in issue in…