Bonney v. State Tax Commission

Appeal from a judgment of the Supreme Court at Special Term, entered June 7, 1973 in Albany County, which dismissed petitioners’ applications, in proceedings pursuant to CPLR article 78, to review the determinations of the State Tax Commission, which sustained personal income tax assessments under article 22 of the Tax Law. Petitioners, Theodore C. Bonney and John J. Nicit, are law partners and, with their respective wives, petitioners Margaret F. Bonney and Anna Marie Nicit, filed joint Federal and State tax returns for the 1963 tax year. During that year, the partnership received an…