BEAUMONT FARMS, INC. v. COMMISSIONER

Docket No. 17463.

8 T.C.M. 589 (1949)

Beaumont Farms, Inc. v. Commissioner.

United States Tax Court.

Entered June 20, 1949.


Attorney(s) appearing for the Case

R. B. Cannon, Esq., 903 Sinclair Bldg., Fort Worth Tex., and Frank O. Taylor, C. P. A., for the petitioner. Allen T. Akin, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

JOHNSON, Judge:

The Commissioner determined against petitioner the following deficiencies in tax:

                            Declared Value    Excess
                  Income    Excess-Profits    Profits
  Year              Tax          Tax           Tax

  1943 .........  $4,315.00   $  587.91     $ 6,236.46
  1944 .........  ......       2,883.55      23,593.44
  1945 .........  ......       8...

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