ARCADE REALTY COMPANY, INC. v. COMMISSIONER

Docket No. 68160.

35 T.C. 256 (1960)

ARCADE REALTY COMPANY, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed November 10, 1960.


Attorney(s) appearing for the Case

Vincent L. Kilborn, Esq., and Abraham A. Mitchell, Esq., for the petitioner.

Homer F. Benson, Esq., for the respondent.


FISHER, Judge:

Respondent determined deficiencies in income tax and additions to the tax under section 291(a) of the 1939 Code1 as follows:

                                                    Addition
                                                     to tax
Year                                 Income tax   sec. 291 (a)

1951 -----------------------------   $2,808.85  ...

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