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GIRARD TRUST CORN EXCHANGE BANK v. COMMISSIONER

Docket No. 36015.

22 T.C. 1343 (1954)

GIRARD TRUST CORN EXCHANGE BANK, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed September 30, 1954.

Attorney(s) appearing for the Case

George Craven, Esq., and James F. Gordy, Esq., for the petitioner.

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

The respondent determined deficiencies in the income and excess profits taxes of the petitioner as follows:

Fiscal year ended November 30                Tax                        Deficiency

1945 ---------------------------------   Excess profits -------------   $242,308.86
1946 ---------------------------------   Excess profits -------------     56,734.54
1946 ------------------------------...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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