ARLEX OIL CORPORATION v. COMMISSIONER

Docket No. 1159-66.

26 T.C.M. 1199 (1967)

T.C. Memo. 1967-235

Arlex Oil Corporation v. Commissioner.

United States Tax Court.

Filed November 22, 1967.


Attorney(s) appearing for the Case

Edward T. Martin, 31 State St., Boston, Mass., for the petitioner. James E. Markham, Jr., for the respondent.


Memorandum Findings of Fact and Opinion

TANNENWALD, Judge:

Respondent originally determined the following deficiencies in petitioner's income tax:

  Year              Deficiency

  1962 ...........  $27,172.50
  1963 ...........   16,381.39
  1964 ...........   25,680.67

By an amended answer, respondent now asserts a deficiency for 1963 of either $22,910.07 or $23,261.72.

The issues for decision are:

(1) Was respondent...

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