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GULF TELEVISION CORP. v. COMMISSIONER

Docket No. 3348-66.

52 T.C. 1038 (1969)

GULF TELEVISION CORPORATION, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed September 25, 1969.

Attorney(s) appearing for the Case

Whitman Knapp, Donald Shapiro, Michael O. Finkelstein, and Paul R. Herman, for the petitioner.

George H. Jelly, for the respondent.

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

     Taxable year ended—                       Deficiency

   Aug. 31, 1957 -------------------------     $338,523.82
   Aug. 31, 1958 -------------------------      365,084.33
   Aug. 31, 1959 -------------------------      399,137.47
   Dec. 31, 1959 -------------------------      152,614.43

Other issues having been disposed of by agreement of the...

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