SNIVELY v. COMMISSIONER

Docket Nos. 24533, 25807.

19 T.C. 850 (1953)

H. B. SNIVELY, H. B. SNIVELY, TRANSFEREE, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated February 11, 1953.


Attorney(s) appearing for the Case

Robert L. Staufer, Esq., William R. Frazier, Esq., and James P. Hill, Esq., for the petitioner.

Newman A. Townsend, Jr., Esq., for the respondent.


In these consolidated proceedings the petitioner contests in Docket No. 24533 a deficiency in individual income tax of $780.83 determined for 1943. In an amended answer the respondent has redetermined this deficiency to be $21,920.26.

In Docket No. 25807 the petitioner admits his liability as transferee of the assets of Meloso Fruit Company (hereafter called Meloso or the corporation), but contests the following deficiencies determined in the taxes of Meloso for 1943...

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