WADE MOTOR CO. v. COMMISSIONER

Docket Nos. 48195, 55687.

26 T.C. 237 (1956)

WADE MOTOR COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed May 9, 1956.


Attorney(s) appearing for the Case

William Waller, Esq., and Lawrence Dortch, Esq., for the petitioner.

W. Preston White, Jr., Esq., for the respondent.


The respondent determined deficiencies in income taxes of the petitioner as follows:

Years ended
September 30                                  Deficiencies

   1948 -----------------------------------     $ 2,891.81
   1949 -----------------------------------       4,166.91
   1950 -----------------------------------       6,951.17
   1951 -----------------------------------       6,211.51
   1952 ----------------------------------...

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