FARID-ES-SULTANEH v. COMMISSIONER

Docket No. 2968.

6 T.C. 652 (1946)

DORIS FARID-ES-SULTANEH, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated April 5, 1946.


Attorney(s) appearing for the Case

August Merrill, Esq., and Zivel B. Niden, C. P. A., for the petitioner.

Clay C. Holmes, Esq., for the respondent.


OPINION.

MURDOCK, Judge:

The Commissioner determined deficiencies in the petitioner's income tax of $1,298.69, $27,758.11, and $706.37 for the calendar years 1937, 1938, and 1939. The respondent has conceded that the petitioner is entitled to a deduction of $16,000 for 1937. The petitioner presses no assignment of error except one that the Commissioner erred, in determining her profit from the sale in 1938...

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