WOOTAN v. COMMISSIONER

Docket Nos. 35605-35608.

14 T.C.M. 750 (1955)

T.C. Memo. 1955-191

Ralph G. Wootan et al. v. Commissioner.

United States Tax Court.

Filed June 30, 1955.


Attorney(s) appearing for the Case

John E. Marshall, Esq., and Charles E. Dierker, Esq., 510 First National Bank Building, Oklahoma City, Okla., for the petitioners. W. B. Riley, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

HARRON, Judge:

In Docket No. 35606, Broadway Drug, Inc., Dissolved, the Commissioner originally determined deficiencies in income tax and in declared value excess profits tax, as set forth below, and he added penalties to the deficiencies under section 293(b) of the 1939 Code, for fraud. By amendment to his pleadings, the Commissioner has made claim for 25 per cent additions to taxes under section 291(a) of the 1939...

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