WIENER MACHINERY CO., INC. v. COMMISSIONER

Docket No. 25773.

16 T.C. 48 (1951)

WIENER MACHINERY CO., INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated January 12, 1951.


Attorney(s) appearing for the Case

Emanuel W. Staft, Esq., for the petitioner.

William E. Murray, Esq., and Michael J. Kenney, Esq., for the respondent.


The respondent has determined that there are deficiencies in declared value excess-profits tax and excess profits tax for the calendar year 1945 in the amounts of $94.77 and $16,365.52, respectively.

The petitioner concedes that there is a deficiency of $94.77 in declared value excess-profits tax.

The deficiency in excess profits tax results from respondent's determination that the petitioner is not entitled to carry forward from 1944 to 1945 an unused excess...

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