ROBERT DOLLAR CO. v. COMMISSIONER

Docket Nos. 24939, 25000.

18 T.C. 444 (1952)

THE ROBERT DOLLAR CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. THE ROBERT DOLLAR CO. (SUCCESSOR TO ADMIRAL ORIENTAL LINE), PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated May 29, 1952.


Attorney(s) appearing for the Case

Theodore R. Meyer, Esq., Hart H. Spiegel, Esq., and Robert H. Schnacke, Esq., for the petitioner.

T. M. Mather, Esq., and Edward H. Boyle, Esq., for the respondent.


The respondent determined deficiencies in income and excess profits taxes against the petitioner as follows:

Year                     Tax                                           Deficiency

1940 --------------   Income tax ---------------------------------   Overassessment
1940 --------------   Excess profits tax -------------------------   $31,953.38
1941 --------------   Income tax ---------------------------------    53,817.41
1941...

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