LEVY v. COMMISSIONER

Docket Nos. 58758-58760.

19 T.C.M. 120 (1960)

T.C. Memo. 1960-22

Herman Levy, et al. v. Commissioner.

United States Tax Court.

Filed February 19, 1960.


Attorney(s) appearing for the Case

Aaron Holman, Esq., for petitioners. Charles B. Markham, Esq., for respondent.


Memorandum Findings of Fact and Opinion

The Commissioner determined deficiencies in the income tax of petitioners Netley Service Corporation and Herman Levy as transferee of its assets for the taxable year 1949, and of Herman and Nettie Levy for the taxable year 1950 in the following amounts:

  Docket
    No.                                           Year    Deficiency

  58759    Netley Service Corporation .........   1949    $35,690.60
  58758...

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