OHIO BATTERY & IGNITION CO. v. COMMISSIONER

Docket No. 3074.

5 T.C. 283 (1945)

OHIO BATTERY & IGNITION COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated June 19, 1945.


Attorney(s) appearing for the Case

Albert A. Arbaugh, Esq., for the petitioner.

Melvin S. Huffaker, Esq., for the respondent.


This proceeding involves deficiencies as follows:

1940 income tax ------------------------------------    $485.23
1941 income tax ------------------------------------   1,745.30
1941 declared value excess profits tax -------------     257.60
1941 excess profits tax ----------------------------   1,322.46

In its income tax return for 1940 petitioner accrued and deducted as an expense $11,000 representing officers' salaries, of which only $8,400 was...

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