AVCO MANUFACTURING CORPORATION v. COMMISSIONER

Docket No. 45633.

25 T.C. 975 (1956)

AVCO MANUFACTURING CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed January 31, 1956.


Attorney(s) appearing for the Case

John E. Hughes, Esq., John W. Hughes, Esq., and Harold R. Burnstein, Esq., for the petitioner.

William A. Schmitt, Esq., for the respondent.


VAN FOSSAN, Judge:

Respondent determined deficiencies in income and excess profits taxes of petitioner for years and in amounts, as follows:

Fiscal year ended                                     Excess profits
   November 30                          Income tax         tax

1944 -------------------------------   ------------    $682,786.41
1945 -------------------------------    $122,343.70    -----------
1946...

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