PRICE v. COMMISSIONER

Docket No. 366-63.

23 T.C.M. 1206 (1964)

T.C. Memo. 1964-199

Jack L. Price v. Commissioner.

United States Tax Court.

Filed July 21, 1964.


Attorney(s) appearing for the Case

Emil Sebetic, 233 Broadway, New York, N. Y., for the petitioner. Joseph M. Touhill, for the respondent.


Memorandum Findings of Fact and Opinion

Respondent determined a deficiency in income tax of petitioner for the year 1959 in the amount of $4,400.48. The sole question for decision is whether the respondent erred in disallowing as a business expense deduction part of the amount of $13,443.56 claimed by petitioner in his 1959 return for traveling, entertainment and other business expenses.

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