Diesel Country Truck Stop, Inc. v. Commissioner
United States Tax Court
P operated a truck stop that sold diesel fuel and engaged in several other business activities. 1. HELD: P underreported its income from the sale of diesel fuel. Amounts determined. 2. HELD, FURTHER, P's disputed deductions for automobile and rental expenses are disallowed. Burden of proof. 3. HELD, FURTHER, P is liable for an accuracy-related penalty under sec. 6662(a), I.R.C. 1986, negligence, etc.
1Opinion of the Court
DIESEL COUNTRY TRUCK STOP, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Diesel Country Truck Stop, Inc. v. Commissioner
No. 5863-97
United States Tax Court
T.C. Memo 2000-317; 2000 Tax Ct. Memo LEXIS 372; 80 T.C.M. (CCH) 494; T.C.M. (RIA) 54077;
October 6, 2000, Filed
Decision will be entered under Rule 155.
P operated a truck stop that sold diesel fuel and engaged
in several other business activities.
1. HELD: P underreported its income from the sale of diesel
fuel. Amounts determined.
2. HELD, FURTHER, P's disputed deductions for automobile
and rental expenses are disallowed. Burden…
2Cases cited30 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Holland v. United StatesSupreme Court of the United States · 1955
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Cohan v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1930
- Neely v. CommissionerUnited States Tax Court · 1985
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