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LION CLOTHING CO. v. COMMISSIONER

Docket No. 5730.

8 T.C. 1181 (1947)

LION CLOTHING COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated June 17, 1947.

Attorney(s) appearing for the Case

John M. Cranston, Esq., and Raymond M. Wansley, C. P. A., for the petitioner.

R. E. Maiden, Jr., Esq., for the respondent.

The respondent determined deficiencies for the calendar years 1940, 1941, and 1942 as follows:

-------------------------------------------------------------------------------
                                   |            |   Declared   | Excess profits
              Year                 | Income tax | value excess |      tax
                                   |            |  profits tax |
-----------------------------------|------------|--------------|-...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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