GRIMES v. COMMISSIONER

Docket No. 88281.

20 T.C.M. 1662 (1961)

T.C. Memo. 1961-321

Jesse E. Grimes v. Commissioner.

United States Tax Court.

Filed November 30, 1961.


Attorney(s) appearing for the Case

Ellsworth T. Simpson, Esq., Investment Bldg., Washington, D. C., for the petitioner. Mark H. Berliant, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

ARUNDELL, Judge:

Respondent determined deficiencies in income tax and 50 percent additions thereto for fraud against Jesse E. Grimes and Helen E. Grimes, husband and wife, for the calendar years 1956 and 1957 in the following amounts:

  Year             Deficiency    50% Addition

  1956.........    $23,768.63    $11,884.32
  1957.........      2,959.82      1,479.91

A petition was filed...

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