Andrew Tell Inv. Co. v. Commissioner

Andrew Tell Investment Co., et al, 1 Petitioners v. Commissioner.

Andrew Tell Inv. Co. v. Commissioner

Docket Nos. 3986-67 - 3992-67.

United States Tax Court

T.C. Memo 1970-130; 1970 Tax Ct. Memo LEXIS 227; 29 T.C.M. (CCH) 547; T.C.M. (RIA) 70130;

May 28, 1970, Filed

Robert D. Collins, 700 Phoenix Title & Tr. Bldg., Phoenix, Ariz.,and Allen L. Feinstein, for the petitioners. Richard Rink, for the respondent.

TIETJENS

Memorandum Findings of Fact and Opinion

TIETJENS, Judge: The Commissioner determined deficiencies in income tax of petitioners in these consolidated proceedings as follows:

Petitioner

Taxabl…