POWELL-HACKNEY GROCERY CO. v. COMMISSIONER

Docket Nos. 8815, 26653.

17 T.C. 1484 (1952)

POWELL-HACKNEY GROCERY COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated March 17, 1952.


Attorney(s) appearing for the Case

George E. H. Goodner, Esq., and Scott P. Crampton, Esq., for the petitioner.

Roy A. Wentz, Esq., for the respondent.


These consolidated proceedings involve claims for refund under section 722 of the Internal Revenue Code for the fiscal years ended June 30, 1941, 1942, 1943, 1944, 1945, and 1946. All the claims for relief were denied by the respondent.

FINDINGS OF FACT.

Petitioner is a Kentucky corporation and since its organization in 1918 has been engaged in the wholesale grocery business. During the periods involved, petitioner kept its books and filed its tax returns...

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