A. E. MacADAM & CO., INC. v. COMMISSIONER

Docket No. 5301.

4 T.C.M. 670 (1945)

A. E. MacAdam & Co., Inc., v. Commissioner.

United States Tax Court.

Entered June 25, 1945.


Attorney(s) appearing for the Case

Edward H. Lockwood, Esq., 165 Broadway, New York City, and David F. Cohen, Esq., for the petitioner. Scott A. Dahlquist, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

SMITH, Judge:

This proceeding involves deficiencies in tax for the calendar year 1941 as follows:

  Income tax ............................    $1,693.75
  Declared value excess profits tax .....     1,283.80
  Excess profits tax ....................     2,978.30

Substantially the entire amount of the deficiency is contested. Petitioner alleges that the respondent erred in his determination...

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