PABST AIR CONDITIONING CORPORATION v. COMMISSIONER

Docket No. 19017.

14 T.C. 427 (1950)

PABST AIR CONDITIONING CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated March 16, 1950.


Attorney(s) appearing for the Case

Louis E. Brockman, Esq., for the petitioner.

Thomas R. Wickersham, Esq., and Aaron S. Resnik, Esq., for the respondent.


This case involves the petitioner's application for relief under section 722 of the Internal Revenue Code for the calendar years 1942, 1943, and 1944. Excess profits tax was determined for those years in the amounts of $21,218.53, $38,325.67, and $24,934.14, respectively. As to 1942, suit is pending in the United States District Court for the Eastern District of New York as to reasonableness of officers' salaries, and, therefore, as to partial refund. The petitioner claims...

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