EXPOSITION SOUVENIR CORPORATION v. COMMISSIONER

Docket No. 3828.

4 T.C.M. 687 (1945)

Exposition Souvenir Corporation v. Commissioner.

United States Tax Court.

Entered June 29, 1945.


Attorney(s) appearing for the Case

Eugene F. Roth, Esq., for the petitioner. Bernard J. Long, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

HILL, Judge:

In this proceeding the respondent determined deficiencies in income and excess profits taxes and an overassessment in income tax as follows:

                                    Excess
    Fiscal Year       Income       Profits
     Ending            Tax           Tax      Over-assessment

  May 31, 1940 ...    $2,125.42   .........        .......
  May 31, 1941 ...    .........  $27,680...

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