HYDRO MOLDING COMPANY, INC. v. COMMISSIONER

Docket No. 83975.

38 T.C. 312 (1962)

HYDRO MOLDING COMPANY, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed May 28, 1962.


Attorney(s) appearing for the Case

Eugene J. Steiner, Esq., for the petitioner.

Gerald J. Robinson, Esq., for the respondent.


SCOTT, Judge:

Respondent determined a deficiency in petitioner's income tax for the calendar year 1957 in the amount of $9,221.42.

The only issue for decision is whether petitioner is entitled to a deduction in the year 1957 in the amount of $17,733.51 as a contribution to a profit-sharing plan.

FINDINGS OF FACT.

Some of the facts have been stipulated and are found accordingly.

Petitioner is a corporation, incorporated under...

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