SHAWHAN v. COMMISSIONER

Docket No. 89504.

22 T.C.M. 86 (1963)

T.C. Memo. 1963-23

Paul Shawhan v. Commissioner.

United States Tax Court.

Filed January 28, 1963.


Attorney(s) appearing for the Case

Charles W. Slicer, Esq., 734 Third National Bldg., Dayton, Ohio, and Irvin H. Harlament, Esq., for the petitioner. Henry T. Nicholas, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

SCOTT, Judge:

Respondent determined deficiencies in petitioner's income tax for the years 1955, 1956, and 1957 in the amounts of $95,214.24, $4,518.13, and $57,944.38, respectively, and additions to the tax under section 6653(b) of the Internal Revenue Code of 1954 for these years in the respective amounts of $47,607.12, $2,259.07, and $28,972.19.

The only issue for decision is whether petitioner is entitled...

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