Cooke v. Commissioner

C. C. Cooke v. Commissioner.

Cooke v. Commissioner

Docket No. 20004.

United States Tax Court

1951 Tax Ct. Memo LEXIS 102; 10 T.C.M. (CCH) 881; T.C.M. (RIA) 51277;

September 13, 1951

John H. Cantrell, Esq., and Edward M. Box, Esq., for the petitioner. E. G. Sievers, Esq., for the respondent.

DISNEY

Memorandum Findings of Fact and Opinion

DISNEY, Judge: This case involves deficiencies in income tax and fraud penalties for the calendar years 1941, 1942 and 1943 as follows:

Year

Deficiency

Penalty

1941

$ 47,841.52

$23,920.76

1942

180,973.15

90,486.58

1943

11,996.00

42,927.40

Totals

$240,810.67

$157,334.74

Issues raised…