Nelson Bros., Inc. v. Commissioner

NELSON BROTHERS, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Nelson Bros., Inc. v. Commissioner

Docket Nos. 34540-87, 20207-89.

United States Tax Court

T.C. Memo 1992-726; 1992 Tax Ct. Memo LEXIS 775; 64 T.C.M. (CCH) 1594; 16 Employee Benefits Cas. (BNA) 1437;

December 28, 1992, Filed

Decision will be entered under Rule 155.

For Petitioner: Robert C. Walthall and Francis Gerald Burnett.

For Respondent: Robert W. West.

SCOTT

SCOTT

MEMORANDUM FINDINGS OF FACT AND OPINION

SCOTT, Judge: Respondent determined deficiencies in petitioner's Federal income tax for the fiscal years ended June…