LINDSTEDT-HOFFMAN COMPANY v. COMMISSIONER

Docket No. 11741.

11 T.C. 584 (1948)

LINDSTEDT-HOFFMAN COMPANY, A CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated October 12, 1948.


Attorney(s) appearing for the Case

J. P. Nash, Esq., for the petitioner.

R. L. Greene, Esq., for the respondent.


By this proceeding petitioner seeks a redetermination of a deficiency for 1940 in excess profits tax of $1,703.81 and a deficiency in income tax for 1941 in the amount of $478.54.

Petitioner has now conceded all of the adjustments made by respondent except one, which presents the only remaining issue. It is whether petitioner is entitled to special relief on its excess profits tax, as having received net abnormal income in...

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