Eddie Cigelman Corp. v. Commissioner

Eddie Cigelman Corporation v. Commissioner.

Eddie Cigelman Corp. v. Commissioner

Docket No. 50997.

United States Tax Court

T.C. Memo 1955-323; 1955 Tax Ct. Memo LEXIS 15; 14 T.C.M. (CCH) 1259; T.C.M. (RIA) 55323;

December 9, 1955

Benjamin Fischler, CPA, 401 Broadway, New York, N.Y., for the petitioner. Nathan M. Silverstein, Esq., for the respondent.

KERN

Memorandum Findings of Fact and Opinion

The Commissioner determined a deficiency in the petitioner's income tax for 1949 in the amount of $2,303.05. The only issue is whether or not the petitioner was a corporation exempt from income tax during that…