Peoples Gin Co. v. Commissioner

Peoples Gin Company v. Commissioner.

Peoples Gin Co. v. Commissioner

Docket Nos. 111436, 452.

United States Tax Court

1943 Tax Ct. Memo LEXIS 244; 2 T.C.M. (CCH) 325; T.C.M. (RIA) 43304;

June 21, 1943

Nelson E. Taylor, Esq., Greenwood, Miss., for the petitioner. James L. Backstrom, Esq., for the respondent.

HARRON

Memorandum Findings of Fact and Opinion

HARRON, Judge: The respondent determined deficiencies in income tax and excess profits tax for the years 1935 to 1940, inclusive. Docket No. 111436 involves income and excess profits tax deficiencies for the fiscal years ended July 31, 1935, and July…