FOSKETT & BISHOP COMPANY v. COMMISSIONER

Docket No. 24127.

16 T.C. 456 (1951)

FOSKETT & BISHOP COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated February 27, 1951.


Attorney(s) appearing for the Case

Albert E. James, Esq., for the petitioner.

Irene F. Scott, Esq., and William J. Stetter, Esq., for the respondent.


This proceeding is for a review of the respondent's disallowance of petitioner's applications for excess profits tax relief under section 722 of the Internal Revenue Code, as amended, for the calendar years 1941, 1942, 1943, and 1945. The notice of disallowance was sent and the petition for redetermination was filed in accordance with section 732 of the Internal Revenue Code.

Petitioner's excess profits tax liabilities for...

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