Abrams v. Public Service Commission

— Appeal from a judgment of the Supreme Court at Special Term (Prior, Jr., J.), entered January 26, 1982 in Albany County, which dismissed petitioners’ application, in a proceeding pursuant to CPLR article 78, to annul a determination of the Public Service Commission which permitted the inclusion of $138 million in deferred taxes in respondent New York Telephone Company’s 1981 revenue award. At issue on this appeal is the allowance by the Public Service Commission (hereinafter PSC) of some $110 million of deferred Federal income taxes and $28 million of other deferred payments to the New York…