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THOMPSON & FOLGER CO. v. COMMISSIONER

Docket No. 24187.

17 T.C. 722 (1951)

THOMPSON AND FOLGER COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated October 30, 1951.

Attorney(s) appearing for the Case

Frank C. Scott, C. P. A., for the petitioner.

Charles N. Nyquist, Esq., for the respondent.

OPINION.

TURNER, Judge:

The respondent determined deficiencies in income and excess profits taxes against petitioner as follows:

               Year                   Income tax    Excess profits tax

1944 ------------------------------   $4,105.53     ------------------
1945 ------------------------------   ---------              $6,678.11
1946 ------------------------------    9,313.57     ------------------...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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