SCIOTO PROVISION CO. v. COMMISSIONER

Docket No. 11012.

9 T.C. 439 (1947)

SCIOTO PROVISION COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated September 25, 1947.


Attorney(s) appearing for the Case

Roger K. Powell, Esq., and D. Curtis Reed, Esq., for the petitioner.

John O. Durkan, Esq., for the respondent.


This proceeding involves a deficiency of $9,150.16 in petitioners excess profits tax for the year ended October 31, 1944. The only question in issue is whether the petitioner is entitled to deduct as an ordinary and necessary expense payments of $7,709 which it made to the Office of Price Administration in settlement of a claim for treble damages arising from alleged violations of price ceilings.

FINDINGS OF FACT.

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