SLAYMAKER LOCK CO. v. COMMISSIONER

Docket No. 24648.

18 T.C. 1001 (1952)

SLAYMAKER LOCK COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated September 15, 1952.


Attorney(s) appearing for the Case

Richard S. Doyle, Esq., and Jules G. Korner, III, Esq., for the petitioner.

Edward Pesin, Esq., for the respondent.


The respondent determined deficiencies in petitioner's excess profits taxes as follows:

1943 ------------------------------------------   $40,273.30
1944 ------------------------------------------    17,715.13
1945 ------------------------------------------    24,055.83

Petitioner does not contest all of the adjustments contained in the statutory notice and the parties have stipulated the facts with respect to the deductibility of certain items as...

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