HOME SALES COMPANY v. COMMISSIONER

Docket Nos. 55126-55128.

16 T.C.M. 341 (1957)

T.C. Memo. 1957-78

The Home Sales Company et al. v. Commissioner.

United States Tax Court.

Filed May 17, 1957.


Attorney(s) appearing for the Case

Harry L. Brown, Esq., World Center Building, Washington, D. C., and Sidney London, Esq., for the petitioners. Harold Weinstock, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

The respondent has determined deficiencies, as follows:

                Docket No. 55126 — The Home Sales Company

    Year Ended                         Tax                 Deficiency

  June 30, 1950    Income ..............................   $14,397.49
  June 30, 1951    Income and Excess Profits ...........    27,561.50

                      Docket No. 55127 — The Home Sales
        ...

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