This proceeding involves deficiencies in income taxes for the years 1948 and 1949 in the amounts of $631.19 and $477.69, respectively, and penalties for the year 1948 under the provisions of section 294 (d) (1) (A) of the Internal Revenue Code in the amount of $155.43, and under section 294 (d) (2) in the amount of $93.26. The deficiencies arise because of the disallowance of deductions taken by petitioner. The deductions consisted of payments which the petitioner made to...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
