SUNBELT CLOTHING CO., INC. v. COMMISSIONER

Docket No. 704-95.

74 T.C.M. 195 (1997)

T.C. Memo. 1997-338

Sunbelt Clothing Company, Inc., f.k.a. Unprinted T-Shirt Warehouse, Inc. v. Commissioner.

United States Tax Court.

Filed July 28, 1997.


Attorney(s) appearing for the Case

Stanley L. Blend, San Antonio, Tex., and Elizabeth A. Dawson, for the petitioner. Melanie R. Urban, for the respondent.


MEMORANDUM FINDINGS OF FACT AND OPINION

RUWE, Judge:

Respondent determined deficiencies in petitioner's Federal income taxes and an addition to tax as follows:

                                   Accuracy-related
                                     Penalty Sec.
FYE                   Deficiency       6662(a)1

7/29/90 ...........    $677,203       $135,441
7/28/91 ........... ...

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