PETREE v. COMMISSIONER

Docket No. 89390.

21 T.C.M. 1184 (1962)

T.C. Memo. 1962-225

Clyde E. Petree v. Commissioner.

United States Tax Court.

Filed September 24, 1962.


Attorney(s) appearing for the Case

William E. Badgett, Esq., 608 Bank of Knoxville Bldg., Knoxville, Tenn., for the petitioner. Robert B. Milsten, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

BRUCE, Judge:

Respondent determined deficiencies in income taxes and additions to tax for the years and in the amounts which follow:

                                     Additions to Tax, I. R. C. 1939

  Year               Deficiency  Sec. 291(a)  Sec. 293(b)  Sec. 294(d)(1)(A)

  1950 ............  $   715.00   $  178.75    $  357.50       $   64...

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