ARDBERN CO. v. COMMISSIONER OF INTERNAL REVENUE

No. 4751.

120 F.2d 424 (1941)

ARDBERN CO., Limited, v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Fourth Circuit.

June 10, 1941.


Attorney(s) appearing for the Case

J. Sterling Halstead, of New York City (Ludlow S. Fowler, of New York City, on the brief), for petitioner.

Samuel H. Levy, Sp. Asst. to the Atty. Gen. (Samuel O. Clark, Jr., Asst. Atty. Gen., and Sewall Key, Sp. Asst. to the Atty. Gen., on the brief), for respondent.

Before PARKER and NORTHCOTT, Circuit Judges, and MOORE, District Judge.


NORTHCOTT, Circuit Judge.

This is a petition for review of a decision of the United States Board of Tax Appeals determining deficiencies in petitioner's income tax liability, and penalties, for the years 1929, 1930, 1931, and 1932, in the total sum of $24,727.34. The decision of the Board is reported in 41 B.T.A. 910.

The petitioner, The Ardbern Company, Limited, was, during the years in question, a corporation organized...

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