McAdams v. United States

*827MEMORANDUM

MORTON, District Judge.

These consolidated actions were instituted by plaintiffs to recover the amounts of $5,190.22 and $5,590.61 respectively, paid as income taxes and interest for the calendar years 1965, 1966 and 1967.

Plaintiff, Hippodrome Oldsmobile, Inc., filed its corporate income tax returns for the calendar years 1965, 1966 and 1967 with the District Director of Internal Revenue at Nashville, Tennessee. Upon examination of those returns by an agent of the Internal Revenue Service, certain adjustments were made, resulting in deficiency assessments. These assessments were duly…