MORRISDALE COAL MINING CO. v. COMMISSIONER

Docket No. 34214.

21 T.C. 393 (1953)

THE MORRISDALE COAL MINING COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated December 24, 1953.


Attorney(s) appearing for the Case

Dewey R. Roark, Jr., Esq., George E. H. Goodner, Esq., and Paul E. Schaub, C. P. A., for the petitioner.

William G. Handfield, Esq., for the respondent.


Respondent determined a deficiency in income tax of petitioner for the taxable year 1943 in the amount of $10,549.34. Such determination is based upon the decision of this tribunal in a prior case docketed as No. 16270 and involving the excess profits tax liability of the same taxpayer, i. e., as a result of which petitioner's credit allowable under section 26 (e) of the Internal Revenue Code in determining normal tax and surtax net income has been decreased giving rise to...

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