Di Zenzo v. Commissioner
United States Tax Court
1. Held, that the corporate petitioner failed to report in its returns substantial amounts of income from its contracting business.
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1. Held, that the corporate petitioner failed to report in its returns substantial amounts of income from its contracting business. The amount of its gross receipts, costs of operations, and net profits determined. 2. Held, that some part of the deficiency due from the corporate petitioner for each of the years 1946 through 1950 is due to fraud with intent to evade tax and that such petitioner is liable for additions to tax under section 293(b) of the Internal Revenue Code of 1939. 3. Held, that such petitioner's return for each of the taxable years 1946, 1947, and 1948 was false and…
1Opinion of the Court
Patsy F. DiZenzo and Anna DiZenzo, et al. * v. Commissioner.
Di Zenzo v. Commissioner
Docket Nos. 72736-72739.
United States Tax Court
T.C. Memo 1964-121; 1964 Tax Ct. Memo LEXIS 217; 23 T.C.M. (CCH) 677; T.C.M. (RIA) 64121;
April 30, 1964
1. Held, that the corporate petitioner failed to report in its returns substantial amounts of income from its contracting business. The amount of its gross receipts, costs of operations, and net profits determined.
2. Held, that some part of the deficiency due from the corporate petitioner for each of the years 1946 through 1950 is due to fraud with intent to…
2Cases cited58 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Holland v. United StatesSupreme Court of the United States · 1955
- Cohan v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1930
- Helvering v. TaylorSupreme Court of the United States · 1935
- Commissioner v. SternSupreme Court of the United States · 1958
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