Almac's, Inc. v. Commissioner

Almac's Inc. v. Commissioner.

Almac's, Inc. v. Commissioner

Docket No. 78386.

United States Tax Court

T.C. Memo 1961-13; 1961 Tax Ct. Memo LEXIS 336; 20 T.C.M. (CCH) 56; T.C.M. (RIA) 61013;

January 24, 1961

Walter F. Gibbons, Esq., Industrial Bank Bldg., Providence, R. I., and Joseph G. Kinder, Esq., for the petitioner. Charles T. Shea, Esq., for the respondent.

TIETJENS

Memorandum Findings of Fact and Opinion

TIETJENS, Judge: The Commissioner determined a deficiency in income tax for the year 1956 in the amount of $20,713.94.

The questions for decision are (1) whether the Commissioner properly…