Marsan Realty Corp. v. Commissioner

Marsan Realty Corp. v. Commissioner. David Levowitz and Lilian S. Levowitz v. Commissioner.

Marsan Realty Corp. v. Commissioner

Docket Nos. 92671-92673.

United States Tax Court

T.C. Memo 1963-297; 1963 Tax Ct. Memo LEXIS 51; 22 T.C.M. (CCH) 1513; T.C.M. (RIA) 63297;

October 29, 1963

Martin D. Cohen, for the petitioners. Alvin C. Martin, for the respondent.

SCOTT

Memorandum Findings of Fact and Opinion

SCOTT, Judge: Respondent determined deficiencies in the income tax of petitioner Marsan Realty Corp. for the fiscal years ended June 30, 1955, 1956, and 1957 in the respective amounts of $1,493.76,…