CURRIER FARMS, INC. v. COMMISSIONER

Docket Nos. 15400, 15401.

7 T.C.M. 677 (1948)

Currier Farms, Inc. v. Commissioner. L. W. Currier and Stella M. Currier, Husband and Wife, v. Commissioner.

United States Tax Court.

Entered September 29, 1948.


Attorney(s) appearing for the Case

R. M. Hart, Esq., for the petitioners. Edward L. Potter, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

LEECH, Judge:

These consolidated proceedings involve income and excess-profits taxes and penalties as follows:

Docket No. 15400, Currier Farms, Inc., for the fiscal year ended June 30, 1943:

          Nature of Tax       Deficiency    Penalty

  Income ...................    $ 531.22    .......
  Excess-Profits ...........   17,380.44    .......
  Delinquency Penalty ......    .......   $4,345...

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