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OKONITE CO. v. COMMISSIONER

Docket No. 109998.

4 T.C. 618 (1945)

THE OKONITE COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated January 29, 1945.

Attorney(s) appearing for the Case

Edmund S. Kochersperger, Esq., for the petitioner.

Jonas M. Smith, Esq., for the respondent.

The respondents determined deficiencies in income and excess profits taxes against the Okonite Co. for the years 1936 and 1937 as follows:

-------------------------------------------------------------------
                 Year                  | Income tax | Excess profits
                                       |            |      tax
---------------------------------------|------------|---------------
1936 --------------------------------- | $83,068.91...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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