BILTMORE HOMES, INC. v. COMMISSIONER

Docket Nos. 64634, 64872, 64873, 64943-64946.

19 T.C.M. 268 (1960)

T.C. Memo. 1960-53

Biltmore Homes, Inc., et al. v. Commissioner.

United States Tax Court.

Filed March 25, 1960.


Attorney(s) appearing for the Case

Charles F. Cooper, Esq., 4813 Forest Drive, Columbia, S. C., for the petitioners. George W. Calvert, Esq., and Ralph V. Bradbury Jr., Esq., for the respondent.


Memorandum Findings of Fact and Opinion

FISHER, Judge:

These consolidated proceedings involve the determination of deficiencies in income tax as follows:

  Docket
    No.    Year                     Deficiency

  64634    1947.................    $38,679.44
           1948.................      1,075.74
  64872    1947.................     16,957.43
  64873    1948.................      6,955.46
  64943    1947.................     14...

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