Fotocrafters, Inc. v. Commissioner

Fotocrafters Incorporated v. Commissioner.

Fotocrafters, Inc. v. Commissioner

Docket No. 68464.

United States Tax Court

T.C. Memo 1960-254; 1960 Tax Ct. Memo LEXIS 37; 19 T.C.M. (CCH) 1401; T.C.M. (RIA) 60254;

November 29, 1960

Harry A. Morris, Esq., 915 Grand Ave., Kansas City, Mo., and William B. Bundschu, Esq., for the petitioner. Sylvan Siegler, Esq., for the respondent.

FORRESTER

Memorandum Findings of Fact and Opinion

FORRESTER, Judge: Respondent determined the following deficiencies in petitioner's income tax:

Fiscal Year End-

Section 531

ing March 31

Deficiency

Surtax 1

1954

$13,318.89

$1,946.56 2

1955

1…