Monk v. Commissioner

A. C. Monk v. Commissioner.

Monk v. Commissioner

Docket No. 9511.

United States Tax Court

1947 Tax Ct. Memo LEXIS 98; 6 T.C.M. (CCH) 1015; T.C.M. (RIA) 47247;

August 28, 1947

J. Gilmer Korner, Jr., Esq., Transportation Bldg., Washington 6, D.C., and Monte Appel, Esq., for the petitioner. E. M. Woolf, Esq., for the respondent.

KERN

Memorandum Findings of Fact and Opinion

The Commissioner determined a deficiency in petitioner's income tax for the calendar year 1941 in the sum of $130,654.27. That part of the deficiency which is here in issue resulted from the Commissioner's determination that petitioner…