Carmine Bollella and Teresa Bollella, on Review v. Commissioner of Internal Revenue, on Review

ORDER.

This cause is before the Court on petition of Carmine Bollella and Teresa Bollella for review of a decision of the Tax Court of the United States. The case was submitted to the Court upon the record and the briefs of counsel for the parties.

The Commissioner of Internal Revenue assessed deficiencies and fraud penalties against the petitioners for the years 1956 to 1959, inclusive, and a deficiency for the year 1961, as follows:

Taxable Fraud

Year Deficiency Penalty

1956 $ 4,409.24 2,204.62

1957 8,484.89 4,242.45

1958 9,815.20 4,907.60

1959 2,228.70 1,114.35

1961 981.50

$25,919.53 $12,469.02

The…