COSHOCTON SECURITIES COMPANY v. COMMISSIONER

Docket No. 55565.

26 T.C. 935 (1956)

THE COSHOCTON SECURITIES COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed August 14, 1956.


Attorney(s) appearing for the Case

Roger K. Powell, Esq., and Russell E. Lyons, Esq., for the petitioner.

John C. Calhoun, Esq., for the respondent.


The Commissioner determined deficiencies and additions to tax in petitioner's income tax as follows:

                                                                Additions
Year                                               Deficiency    to tax

1940 -------------------------------------------    $7,396.36   $1,849.09
1946 -------------------------------------------     3,339.70      834.93
1950 -----------------------------...

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