PARKWAY REALTY CORPORATION v. COMMISSIONER

Docket Nos. 62277 and 62278.

18 T.C.M. 235 (1959)

T.C. Memo. 1959-50

Parkway Realty Corporation v. Commissioner. A. B. and B. M. Rosoff, Trustees under trust created by Max Rosoff v. Commissioner.

United States Tax Court.

Filed March 16, 1959.


Attorney(s) appearing for the Case

Curtiss K. Thompson, Esq., for the petitioners. James E. Markham, Jr., Esq., for the respondent.


Memorandum Findings of Fact and Opinion

BRUCE, Judge:

Respondent determined deficiencies in petitioners' income taxes as follows:

  Dkt. No.     Taxable Period             Deficiency

   62277    Calendar Year 1952 ........   $ 1,959.90
              1-1-53/5-18-53   ........     1,134.86
   62278    Calendar Year 1952 ........     6,540.16
            Calendar Year 1953 ........    17,691.78

The principal question presented...

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