BROADCAST MEASUREMENT BUREAU, INC. v. COMMISSIONER

Docket No. 21519.

16 T.C. 988 (1951)

BROADCAST MEASUREMENT BUREAU, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated May 10, 1951.


Attorney(s) appearing for the Case

Laurence F. Casey, Esq., for the petitioner.

Sheldon V. Ekman, Esq., for the respondent.


Respondent determined deficiencies in petitioner's income, declared value excess-profits, and excess profits taxes for the fiscal year ended June 30, 1946, in the respective amounts of $18,355.08, $13,116.87, and $29,414.92, together with a penalty of $1,470.75 for failure to timely file the excess profits tax return for that year. Three questions are presented for our determination in this proceeding:

1. Did petitioner realize any income in the fiscal year ended...

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