BAVIS v. COMMISSIONER

Docket Nos. 26414, 26734, 27398.

18 T.C. 418 (1952)

FRANK R. BAVIS, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. THOMAS F. BELL, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. DONATO A. GIANGIULIO, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated May 29, 1952.


Attorney(s) appearing for the Case

Logan Morris, Esq., for the petitioners.

Jules I. Whitman, Esq., for the respondent.


These proceedings were consolidated at the hearing and involve deficiencies in income taxes for the year 1946 as follows:

Frank R. Bavis --------------------------------   $3,156.46
Thomas F. Bell --------------------------------    2,049.03
Donato A. Giangiulio --------------------------    2,344.66

The deficiencies in controversy result from the refusal of the respondent (1) to treat the fair market value...

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