62-64 EAST 34TH STREET CORPORATION v. COMMISSIONER

Docket No. 109662.

1 T.C.M. 826 (1943)

62-64 East 34th Street Corporation v. Commissioner.

United States Tax Court.

Entered March 25, 1943.


Attorney(s) appearing for the Case

Benjamin Mahler, Esq., 39 Broadway, New York City, for the petitioner. James C. Maddox, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

The Commissioner determined deficiencies in income tax for the years 1938 and 1939 in the respective amounts of $1,128.93 and $821.71, and deficiencies in excess profits tax for the same years in the respective amounts of $715.98 and $672.66.

An issue regarding depreciation was raised by the petition and met in respondent's answer by a plea of res adjudicata. Respondent's plea was sustained by a ruling from...

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