ERWIN MILLS, INC. v. COMMISSIONER

Docket No. 41233.

28 T.C. 968 (1957)

ERWIN MILLS, INC. (FORMERLY ERWIN COTTON MILLS COMPANY), PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed August 8, 1957.


Attorney(s) appearing for the Case

Richard B. Barker, Esq., and Jay W. Glasmann, Esq., for the petitioner.

William J. Stetter, Esq., for the respondent.


OPINION.

MURDOCK, Judge:

The Commissioner of Internal Revenue has allowed, and the petitioner has agreed to the amount of, relief based upon section 722 (b) (4) for the years 1941 through 1945, but the Commissioner has denied further relief under the petitioner's applications for those years based upon section 722 (b) (2) and (3) (A). The issue for decision here is whether the petitioner is entitled to any additional relief for the taxable years under...

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