Commissioner of Internal Revenue v. Meldrum & Fewsmith, Inc.

McALLISTER, Circuit Judge.

The Commissioner determined various deficiencies in respondent’s taxes covering the years 1943 to 1948. One of the deficiencies which was so determined by the Commissioner was in the amount of $713.75 in respondent’s income tax for the year ending March 31, 1944. Respondent thereafter filed its petition in the Tax Court for redetermination of the claimed deficiencies other than the deficiency in income tax in the above mentioned amount of $713.75. In its petition for redetermination, respondent made no claim with respect to this particular deficiency. No evidence…