ILLINOIS AGRICULTURAL HOLDING CO. v. COMMISSIONER

Docket No. 32590.

11 T.C.M. 1083 (1952)

Illinois Agricultural Holding Co. v. Commissioner.

United States Tax Court.

Entered October 31, 1952.


Attorney(s) appearing for the Case

Frank Burnjas, Esq., 43 E. Ohio St., Chicago, Ill., for the petitioner. Paul Levin, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

BRUCE, Judge:

This proceeding involves delinquency penalties in the amount of $852.70 for petitioner's failure to file a timely corporation income tax return for the taxable year ended September 30, 1947. The sole question for decision is whether petitioner has shown "reasonable cause" for its failure to file a timely return within the meaning of section 291 (a) of...

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