ALEXANDER v. COMMISSIONER OF INTERNAL REVENUE

No. 12663.

234 F.2d 915 (1956)

Olin ALEXANDER, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

United States Court of Appeals Sixth Circuit.

June 18, 1956.


Attorney(s) appearing for the Case

William R. Bagby, Lexington, Ky., for petitioner.

Charles K. Rice, John Potts Barnes, Ellis N. Slack, Lee A. Jackson, A. F. Prescott, Stanley F. Wagman, and Meyer Rothwacks, Washington, D. C., for respondent.

Before MARTIN and STEWART, Circuit Judges, and STARR, District Judge.


PER CURIAM.

The Tax Court, after making certain adjudgments in favor of the petitioner, upheld the Commissioner's determination of income tax deficiencies for the years 1944 through 1947, arrived at by use of the net worth method. The court also upheld the Commissioner's finding that at least part of the deficiency for each of the taxable years was due to fraud with intent to evade taxes. The result of the latter finding was to remove the bar of the statute of limitations...

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