S. N. WOLBACH SONS, INC. v. COMMISSIONER

Docket Nos. 32194, 35338.

22 T.C. 152 (1954)

S. N. WOLBACH SONS, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed April 27, 1954.


Attorney(s) appearing for the Case

Roger V. Dickeson, Esq., for the petitioner.

David Karsted, Esq., and James P. Powers, Esq., for the respondent.


This proceeding is based on respondent's disallowance of petitioner's claims for relief under section 722, Internal Revenue Code. The years involved are the fiscal years ended January 31, 1944, 1945, and 1946. The base period years are the fiscal years ended January 31, 1937, 1938, 1939, and 1940. The respondent determined deficiencies for each of the years 1944, 1945, and 1946. The total excess profits tax liabilities, the deficiencies determined by respondent, and the refunds...

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