FAIRMAN v. COMMISSIONER

Docket No. 16538.

8 T.C.M. 30 (1949)

Benjamin Fairman and Minnie Fairman v. Commissioner.

United States Tax Court.

Entered January 18, 1949.


Attorney(s) appearing for the Case

Stephen T. Dean, Esq., 1421 Chestnut St., Philadelphia, Pa., for the petitioners William D. Harris, Esq., for the respondent.


Memorandum Opinion

VAN FOSSAN, Judge:

Respondent determined a deficiency of $3,132.19 in petitioners' income tax for the year 1944. Petitioners allege error in two respects:

1. The determination that the profit from petitioners' grocery store should be increased in the amount of $10,042.97, 2. The increase of $332.39 in income from rents received consequent on the disallowance of a deduction for interest in the amount of $280.42 and the...

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