Allied Mach. & Eng'g Corp. v. Commissioner

Allied Machine & Engineering Corporation v. Commissioner.

Allied Mach. & Eng'g Corp. v. Commissioner

Docket No. 20128.

United States Tax Court

1950 Tax Ct. Memo LEXIS 146; 9 T.C.M. (CCH) 593; T.C.M. (RIA) 50182;

July 17, 1950

Glenn W. Vogelgesang, Esq., for the petitioner. William R. Bagby, Esq., for the respondent.

HARRON

Memorandum Findings of Fact and Opinion

HARRON, Judge: The respondent has determined deficiencies in income tax and excess profits tax for the fiscal years ended July 31, 1942, July 31, 1943, and July 31, 1945, as follows:

Income

Excess

Fiscal year

Tax

Profits Tax

July 31, 1942

$5,170.91

$…