R. J. ARMSTRONG & CO., INC. v. COMMISSIONER

Docket No. 34480.

12 T.C.M. 94 (1953)

R. J. Armstrong & Co., Inc. v. Commissioner.

United States Tax Court.

Entered February 9, 1953.


Attorney(s) appearing for the Case

George R. Sheriff, Esq., 42 Broadway, New York, N. Y., and Joseph C. Woodle, Esq., for the petitioner. Charles M. Greenspan, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

The respondent determined deficiencies against the petitioner corporation as follows:

  Year                   Tax                      Deficiency

  1943    Declared Value Excess Profits ......    $ 1,659.37
          Excess Profits .....................     10,017.34
  1944    Declared Value Excess Profits ......      2,390.27
          Excess Profits .....................     14,167.08

The issues...

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