LOEB v. COMMISSIONER OF INTERNAL REVENUE

No. 174, Docket 22165.

196 F.2d 624 (1952)

LOEB v. COMMISSIONER OF INTERNAL REVENUE.

United States Court of Appeals Second Circuit.

Decided May 2, 1952.


Attorney(s) appearing for the Case

Thomas I. Sheridan, New York City, for petitioner; Thomas I. Sheridan, and Lewis H. Ullman, New York City, of counsel.

Ellis N. Slack, Acting Asst. Atty. Gen., and Harry Baum, Sp. Asst. to Atty. Gen., for respondent.

Before SWAN, Chief Judge, and AUGUSTUS N. HAND and FRANK, Circuit Judges.


PER CURIAM.

Essentially this appeal presents only an attack upon a finding of fact by the Tax Court, the resolution of which appears to be well justified. During the year 1943 the petitioner was engaged in the wholesale liquor business. The Tax Court found that he fraudulently failed to return two items of income in the amounts, respectively, of $19,500 and $41,407. The taxpayer admits the fraudulent failure to return the $19,500 item but contends that the black market...

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