BUNN'S AUTO SALES, INC. v. COMMISSIONER

Docket No. 84453.

35 T.C. 861 (1961)

BUNN'S AUTO SALES, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed February 28, 1961.


Attorney(s) appearing for the Case

Eugene E. Gilmer, Esq., for the petitioner.

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


OPINION.

SCOTT, Judge:

The respondent determined a deficiency in petitioner's income tax for the fiscal year ending July 31, 1955, in the amount of $399.14 based entirely on the disallowance of an excessive net operating loss carryback which had previously been tentatively allowed. The respondent now concedes that the amount of the tentative allowance of net operating loss carryback was not excessive but by amended answer claims a deficiency for the...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases