AJAX ENGINEERING CORPORATION v. COMMISSIONER

Docket No. 24134.

17 T.C. 87 (1951)

AJAX ENGINEERING CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated July 27, 1951.


Attorney(s) appearing for the Case

Frank W. Harris, Jr., C. P. A., for the petitioner.

Kalman A. Goldring, Esq., for the respondent.


Respondent determined a deficiency in the excess profits tax of petitioner of $37,701.17 for the taxable year February 7, 1942, to June 30, 1942. Petitioner asks for a redetermination, contending that its taxable year began July 1, 1941, and ended June 30, 1942.

FINDINGS OF FACT.

Petitioner, hereinafter sometimes called Engineering, is a corporation existing under the laws of New Jersey with an office at Philadelphia, Pennsylvania. Its income and excess...

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