Respondent determined a deficiency in petitioner's personal holding company surtax in the amount of $30,753.69 and an overassessment in petitioner's income tax in the amount of $732.69 for the calendar year 1942. Respondent determined that petitioner reported its income on a cash receipts and disbursements basis and accordingly eliminated $2,355.41 from the dividend income erroneously reported by petitioner. This adjustment to petitioner's net income is not contested. Respondent...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
