RAY CLEANERS, INC. v. COMMISSIONER

Docket No. 4237-66.

27 T.C.M. 23 (1968)

T.C. Memo. 1968-6

Ray Cleaners, Inc. v. Commissioner.

United States Tax Court.

Filed January 10, 1968.


Attorney(s) appearing for the Case

Harold Fein, 135 Delaware Ave., Buffalo, N. Y., for the petitioner. Stephen M. Miller, for the respondent.


Memorandum Opinion

FAY, Judge:

Respondent determined deficiencies of $1,141.80 and $667.64 in petitioner's income tax for the taxable years 1963 and 1964, respectively.

Petitioner conceded one issue raised in the pleadings. The issue left for decision is whether petitioner is entitled to deductions under section 404(a)(1)1 for contributions to a pension plan trust of $3...

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