Memorandum Findings of Fact and Opinion
The respondent determined a deficiency in income tax for the calendar year 1943 in the amount of $29,709.94 to which he has added a 50 per cent penalty in the amount of $14,854.97. The greater portion of the deficiency arises from the determination that the petitioners understated their income from the sales of potatoes by $34,030.24. Other adjustments made by the respondent were the inclusion of salary in the amount
Welcome to the leading source of independent legal reporting
Let's get started
Sign on now to see your case.
Or view more than 10 million decisions and orders.