BARRETT TIMBER AND DUNNAGE CORPORATION v. COMMISSIONER

Docket No. 60565.

29 T.C. 76 (1957)

BARRETT TIMBER AND DUNNAGE CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed October 18, 1957.


Attorney(s) appearing for the Case

Vincent B. Lewin, Esq., for the petitioner.

Charles B. Markham, Esq., for the respondent.


OPINION.

MURDOCK, Judge:

The Commissioner determined a deficiency in income and excess profits tax of the petitioner in the amount of $15,987.47 for its taxable year ended September 30, 1951. The only issue for decision is whether the Commissioner erred in disallowing a deduction of $20,108.29 claimed as a contribution to Barrett Timber and Dunnage Corporation Employees' Pension Trust. The facts have been presented...

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