EDWARDS DAIRY COMPANY v. COMMISSIONER

Docket No. 2546.

3 T.C.M. 940 (1944)

Edwards Dairy Company, Inc. v. Commissioner.

United States Tax Court.

Entered September 13, 1944.


Attorney(s) appearing for the Case

Allan L. Gurley, Esq., for the petitioner. Clay C. Holmes, Esq., and Leonard C. Mitchell, Esq., for the respondent.


Memorandum Opinion

SMITH, Judge:

This is a proceeding for the redetermination of deficiencies in income tax and in declared value excess profits tax for the fiscal year ended May 31, 1940, in the amounts of $732.99 and $780, respectively. The petition alleges that the respondent erred in the determination of the deficiencies by the disallowance of the deduction from gross income of $6,500 "Pool Adjustment Expense."

[The Facts]

The...

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