MITCHELL v. COMMISSIONER

Docket No. 1141-65.

47 T.C. 120 (1966)

GEORGE W. MITCHELL AND MARIE J. MITCHELL, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed November 15, 1966.


Attorney(s) appearing for the Case

George Gump, Howard H. Conaway, and Arnold E. Kaufman, for the petitioners.

George K. Dunham, for the respondent.


ARUNDELL, Judge:

Respondent determined deficiencies in income tax for the calendar years 1960 and 1961 in the amounts of $3,447.73 and $21,823.53, respectively. Since petitioners are not contesting an adjustment in each year for entertainment and travel expense of $1,200, deducted by petitioners on their returns, the entire deficiencies are not in controversy. The issues presented for our decision are: (1) Whether a joint venture, in which petitioner George...

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