GOLDFARB v. COMMISSIONER

Docket No. 49564.

14 T.C.M. 1013 (1955)

T.C. Memo. 1955-254

Charles Goldfarb v. Commissioner.

United States Tax Court.

Filed September 13, 1955.


Attorney(s) appearing for the Case

Henry Cassorte Smith, Esq., 15 Broad Street, New York, N. Y., for the petitioner. S. Jarvin Levison, Esq., for the respondent.


Memorandum Opinion

VAN FOSSAN, Judge:

The respondent determined a deficiency of $4,269.77 in petitioner's income tax liability for the calendar year 1947. In his petition the taxpayer raised four issues, one of which was abandoned before the hearing. At the hearing petitioner stated three issues, one of which relating to a contribution to a charitable foundation, was later conceded by respondent in his brief. Thus there remain two issues:—

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