ARMORED TANK CORPORATION v. COMMISSIONER

Docket Nos. 9768, 9769, 9770, 9771, 9772, 11916, 11919, 11920, 11927.

11 T.C. 644 (1948)

ARMORED TANK CORPORATION (N. Y.), PETITIONER, ET AL., v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated October 20, 1948.


Attorney(s) appearing for the Case

Edward L. Steckler, Esq., William Massar, Esq., and Richard L. Davisson, Esq., for the petitioners.

Henry C. Clark, Esq., for the respondent.


The deficiencies in taxes and penalties in each one of these proceedings result from a determination of the respondent that a corporation realized income of $375,000 in the fiscal year ended July 31, 1942, as the result of payments aggregating that sum which were made by Pressed Steel Car Co. on October 15, 1941.

Originally the respondent made identical determinations of deficiencies in liability for taxes of two corporations...

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