Achong v. Commissioner

Stephen G. Achong v. Commissioner.

Achong v. Commissioner

Docket No. 33319.

United States Tax Court

T.C. Memo 1956-73; 1956 Tax Ct. Memo LEXIS 222; 15 T.C.M. (CCH) 377; T.C.M. (RIA) 56073;

March 26, 1956

Samuel P. King, Esq., and Herbert C. Dunn, C.P.A., for the petitioner. E. A. Tonjes, Esq., for the respondent.

LEMIRE

Memorandum Findings of Fact and Opinion

This proceeding involves deficiencies in income tax for the years 1946 and 1947 in the respective amounts of $10,799.76 and $1,105.69.

The sole question presented is whether the income realized by petitioner from the sale of real property in the…