HUB CLOAK & SUIT CO., INC. v. COMMISSIONER

Docket Nos. 36937, 36938.

15 T.C.M. 1033 (1956)

T.C. Memo. 1956-196

Hub Cloak & Suit Co., Inc. v. Commissioner. Harry Nathanson v. Commissioner.

United States Tax Court.

Filed August 28, 1956.


Attorney(s) appearing for the Case

Benjamin Tannenbaum, Esq., 350 5th Avenue, New York, N. Y., and Everett J. Slate, Esq., for the petitioners. Joseph Landis, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

In Docket No. 36937, respondent determined deficiencies in income tax, declared value excess profits tax and excess profits tax of petitioner Hub Cloak & Suit Co., Inc., and additions to tax as follows:

                             Income Tax
                                       25% Addition    50% Addition
                                          to Tax         to Tax
                               ...

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