DALLY v. COMMISSIONER

Docket Nos. 37118, 37119.

20 T.C. 894 (1953)

CHARLES F. DALLY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. SARAFRANCIS DALLY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated August 7, 1953.


Attorney(s) appearing for the Case

Gerald D. Hile, Esq., for the petitioners.

John H. Pigg, Esq., for the respondent.


The Commissioner determined the following deficiencies in income tax for the year 1943:

Charles F. Dally --------------------------------------   $71,947.50
Sarafrancis Dally -------------------------------------    71,936.11

The only question for decision is the proper amounts to be accrued in 1942 and 1943 under a contract for prefabricated housing units between the petitioner Charles F. Dally, d. b. a. Prefabricated Products Co., and the United...

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