BIRCH RANCH AND OIL COMPANY v. COMMISSIONER

Docket No. 109993.

3 T.C.M. 378 (1944)

Birch Ranch and Oil Company v. Commissioner.

United States Tax Court.

Entered April 20, 1944.


Attorney(s) appearing for the Case

George Acret, Esq., 650 S. Grand Ave., Los Angeles, Calif., for the petitioner. W. Frank Gibbs, Esq., and Earl C. Crouter, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

TURNER, Judge:

The respondent determined deficiencies in income and excess profits taxes against the petitioner as follows:

                                            Excess
       Fiscal                 Income       Profits
     Year Ended                 Tax          Tax

  September 30, 1937 .....  $18,234.70     $ 56.58
  September 30, 1939 .....    8,931.10    6,495.35

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