ESTATE OF LLOYD v. COMMISSIONER

Docket No. 51603.

18 T.C.M. 988 (1959)

T.C. Memo. 1959-208

Estate of E. C. Lloyd, Deceased, Mary Elizabeth Lloyd, Executrix v. Commissioner.

United States Tax Court.

Filed October 30, 1959.


Attorney(s) appearing for the Case

William S. Pritchard, Esq., and Winston B. McCall, Esq., Frank Nelson Building, Birmingham, Ala., for the petitioner. Homer F. Benson, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

ARUNDELL, Judge:

Respondent determined deficiencies in income tax and additions to the tax under section 293(b) of the Internal Revenue Code of 1939 against the original petitioner, E. C. Lloyd, for whom his estate, represented by Mary Elizabeth Lloyd, executrix under the will of E. C. Lloyd, deceased, has been substituted as petitioner, for the calendar years 1943 through 1947, as follows:

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