CARVER v. COMMISSIONER

Docket No. 12393.

10 T.C. 171 (1948)

C. L. CARVER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated January 29, 1948.


Attorney(s) appearing for the Case

Meyer A. Cook, Esq., for the petitioner.

Howard M. Kohn, Esq., for the respondent.


The Commissioner determined a deficiency of $25,410.82 in income tax for the calendar year 1941. The only question to be determined is whether the Commissioner erred in computing net income of petitioner's printing business for 1941 on the accrual basis and in making certain adjustments thereto necessary to effect the change in reporting income from the cash basis to the accrual basis, the taxpayer having changed his method of accounting in keeping his books to the accrual...

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