Memorandum Findings of Fact and Opinion
SCOTT, Judge:
Respondent determined a deficiency in petitioner's income tax for the fiscal year ended June 30, 1959, in the amount of $14,961.10. The issues for decision are:
(1) Whether a year-end adjustment made by petitioner for magazines delivered by it to dealers prior to the close of the year, but returned to it for a credit allowance after the close of the year is proper and, if not, should a comparable...
Let's get started
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.
