WHEC, INC. v. COMMISSIONER

Docket No. 87133.

37 T.C. 821 (1962)

WHEC, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed January 24, 1962.


Attorney(s) appearing for the Case

Thomas C. Taylor, Esq., for the petitioner.

Dean P. Kimball, Esq., for the respondent.


OPINION.

ARUNDELL, Judge:

Respondent determined a deficiency in income tax for the calendar year 1956 in the amount of $16,285.45.

The only error assigned is as follows:

(1) The Commissioner erroneously disallowed the deduction of $31,318.17 as ordinary and necessary business expense paid or incurred in 1956 by petitioner; the petitioner, having obtained a construction permit for a television station in March, 1953 and having operated...

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