HUGHES & HATCHER, INC. v. COMMISSIONER

Docket No. 2549.

4 T.C.M. 369 (1945)

Hughes & Hatcher, Inc., a Michigan Corporation v. Commissioner.

United States Tax Court.

Entered April 6, 1945.


Attorney(s) appearing for the Case

Lester S. Smith, Esq., and Jason L. Honigman, Esq., 2230 Buhl Bldg., Detroit, Mich., for the petitioner. Melvin S. Huffaker, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

DISNEY, Judge:

This proceeding involves deficiencies as follows for fiscal years ended January 31 in the years shown:

                        1941       1942

Income tax........... $4,691.24  $ 8,738.32
Declared value excess
  profits tax........    714.19    1,344.70
Excess profits tax...  3,617.72   11,058.58

Several issues were settled by stipulation and the necessary adjustments therefor...

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