SNOW HILL COAL CORPORATION v. COMMISSIONER

Docket No. 108950.

2 T.C.M. 1100 (1943)

Snow Hill Coal Corporation v. Commissioner.

United States Tax Court.

Entered December 17, 1943.


Attorney(s) appearing for the Case

Wm. H. Cooke, Esq., for the petitioner. Edw. C. Adams, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

The Commissioner determined deficiencies in petitioner's income tax for the taxable years 1936 and 1937 in the respective amounts of $8,208.61 and $18,124.91. Only that part of the deficiencies determined is now at issue which results from the respondent's disallowance of a deduction claimed by petitioner in 1937 for percentage depletion in an amount of $2,700.06. The question presented...

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