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PANTASOTE LEATHER CO. v. COMMISSIONER

Docket Nos. 12912, 15865.

12 T.C. 635 (1949)

THE PANTASOTE LEATHER CO., NOW KNOWN AS THE PANTASOTE CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated April 25, 1949.

Attorney(s) appearing for the Case

Thomas N. Tarleau, Esq., and Sandow Holman, Esq., for the petitioner.

Francis X. Gallagher, Esq., for the respondent.

In these consolidated proceedings respondent determined deficiencies in income and excess profits taxes for the calendar year 1942, as follows:

-------------------------------------------------------------------------------
           Docket No.         |                Tax                | Deficiency
------------------------------|-----------------------------------|------------
12912 ----------------------- | Excess profits tax -------------- | $127,669.67...

                    
                    

                        

                            

                                

                                    
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