REPORTER PUBLISHING COMPANY v. COMMISSIONER

Docket No. 26352.

18 T.C. 86 (1952)

THE REPORTER PUBLISHING COMPANY, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated April 11, 1952.


Attorney(s) appearing for the Case

Thurman Hill, Esq., for the petitioner.

Marvin E. Hagen, Esq., for the respondent.


Respondent determined deficiencies in petitioner's income taxes of $5,683.78 and excess profits taxes of $3,570.07 for the fiscal year ended February 28, 1946. These deficiencies result from an adjustment to net income which is explained in the deficiency notice as follows:

                          Adjustments to Net Income

                     Taxable Year Ended February 28, 1946

Net income as disclosed by return -------------------------- Loss...

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