SWOBY CORPORATION v. COMMISSIONER

Docket No. 10284.

10 T.C. 129 (1948)

SWOBY CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated January 20, 1948.


Attorney(s) appearing for the Case

Daniel B. Priest, Esq., for the petitioner.

Harold D. Thomas, Esq., for the respondent.


SUPPLEMENTAL OPINION.

OPPER, Judge:

When this proceeding was originally decided (9 T.C. 887), an issue concerning the asserted abnormality of certain income for excess profits tax purposes was disposed of in respondent's favor for failure of proof. Petitioner's motion to introduce further evidence has now been granted and the reopening of the case and this further opinion are the result.

It now appears that...

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