V. C. GLASS CARPET COMPANY v. COMMISSIONER

Docket No. 24557.

11 T.C.M. 506 (1952)

V. C. Glass Carpet Company v. Commissioner.

United States Tax Court.

Entered May 22, 1952.


Attorney(s) appearing for the Case

William S. Love, Esq., and J. Bernard Brown, C. P. A., for the petitioner. Michael J. Clare, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

JOHNSON, Judge:

The Commissioner determined deficiencies in declared value excess-profits tax and excess profits tax in the following amounts:

                        Declared Value
                         Excess-Profits     Excess
         Year               Tax           Profits Tax

  1943...............    $981.97           $6,100.15
  1944...............     533.03            7,334.44

                    
                    
                    

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