C. O. STRUSE & SONS v. COMMISSIONER

Docket No. 8208.

5 T.C.M. 809 (1946)

C. O. Struse & Sons v. Commissioner.

United States Tax Court.

Entered September 20, 1946.


Attorney(s) appearing for the Case

William R. Spofford, Esq., 1035 Land Title Bldg., Philadelphia, Pa., W. Charles Butscher, Esq., Packard Bldg., Philadelphia, Pa., Charles S. Jacobs, Esq., and Sherwin T. McDowell, Esq., for the petitioner. William D. Harris, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

OPPER, Judge:

Petitioner challenges respondent's determination of deficiency in income, declared value excess-profits, and excess-profits taxes for the calendar year 1941, and excess-profits tax penalty, as follows:

  Income tax ............................  $19,369.71
  Declared value excess-profits tax .....    8,977.93
  Excess-profits tax ....................   14,199.27
  Excess-profits tax penalty...

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