ATLANTA CONCRETE PIPE CO. v. COMMISSIONER

Docket No. 112612.

2 T.C.M. 831 (1943)

Atlanta Concrete Pipe Co. v. Commissioner.

United States Tax Court.

Entered September 24, 1943.


Attorney(s) appearing for the Case

Sidney J. Hayles, C. P. A., 831 Citizens & Southern Nat. Bank Bldg., Atlanta, Ga., for the petitioner. J. Marvin Kelley, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

DISNEY, Judge:

This case involves income taxes for the fiscal year ended March 31, 1939, in the amount of $614.87, the amount of the deficiency determined; and for the fiscal year ended March 31, 1940, in the amount of $694.83, the amount of the deficiency determined. Two questions are presented, first, the reasonableness of a salary paid the petitioner's president, and, second, whether the Commissioner erred in disallowing...

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