VON HOFFMANN CORPORATION v. COMMISSIONER

Docket No. 62190.

16 T.C.M. 546 (1957)

T.C. Memo. 1957-127

Von Hoffmann Corporation v. Commissioner.

United States Tax Court.

Filed July 11, 1957.


Attorney(s) appearing for the Case

Robert P. Smith, Esq., Bowen Building, Washington, D. C., for the petitioner. Hunter D. Heggie, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

MULRONEY, Judge:

Respondent determined a deficiency in income tax of petitioner for the taxable year 1952 in the amount of $16,823.17.

The respondent disallowed an item of $64,500 which the Von Hoffmann Corporation, hereinafter referred to as the petitioner, took as a bad debt deduction in 1952. The sole issue in this case is whether the item disallowed can properly be deducted as a bad debt; as contended by...

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