Memorandum Findings of Fact and Opinion
The Commissioner determined a deficiency of $17,460.86 in petitioner's income and victory tax for 1943, and additions to tax on account of negligence in the amounts of $565.14 and $873.04 for 1942 and 1943, respectively. Due to the petitioner's failure to maintain adequate records, as required by section 54 of the Internal Revenue Code, the taxable income for 1942 and 1943 was determined on the basis of an increase in the...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
