GULF POWER CO. v. COMMISSIONER

Docket Nos. 12397, 13406.

10 T.C. 852 (1948)

GULF POWER COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated May 17, 1948.


Attorney(s) appearing for the Case

Roswell Magill, Esq., H. Brice Graves, Esq., and Albert R. Connelly, Esq., for the petitioner.

Harold D. Thomas, Esq., for the respondent.


These proceedings were consolidated for hearing and disposition. Docket No. 12397 involves excess profits tax deficiencies for 1941 and 1942 in the respective amounts of $7,657.66 and $78,870.04. Docket No. 13406 involves, for 1943, an income tax deficiency of $123,100.20 and an excess profits tax deficiency of $353,652.96. By affirmative allegations the respondent claims an increase in the income tax deficiency for 1943 in the amount of $33,754.99. Petitioner claims refunds...

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