Ray Cleaners, Inc. v. Commissioner

Ray Cleaners, Inc. v. Commissioner.

Ray Cleaners, Inc. v. Commissioner

Docket No. 4237-66.

United States Tax Court

T.C. Memo 1968-6; 1968 Tax Ct. Memo LEXIS 290; 27 T.C.M. (CCH) 23; T.C.M. (RIA) 68006;

January 10, 1968, Filed

Harold Fein, 135 Delaware Ave., Buffalo, N. Y., for the petitioner. Stephen M. Miller, for the respondent. 24

FAY

Memorandum Opinion

FAY, Judge: Respondent determined deficiencies of $1,141.80 and $667.64 in petitioner's income tax for the taxable years 1963 and 1964, respectively.

Petitioner conceded one issue raised in the pleadings. The issue left for decision is whether…