NORTON v. COMMISSIONER

Docket Nos. 67854, 74913, 74914, 77098, 91362, 94829.

29 T.C.M. 1257 (1970)

T.C. Memo. 1970-279

Samuel P. Norton and Estate of Beatrice Norton, Deceased, Samuel P. Norton, Administrator v. Commissioner.

United States Tax Court.

Filed September 30, 1970.


Attorney(s) appearing for the Case

Samuel P. Norton, 242 N. Canon Dr., Beverly Hills, Calif., for the petitioners. Eli Blumenfeld and Myron Weiss, for the respondent.


Memorandum Findings of Fact and Opinion

HARRON, Judge:

Respondent determined deficiencies in income tax for the years of 1953 through 1959, and additions to tax for 1954 under section 294(d)(2), 1939 Code, as follows:

  Year    Docket No.   Deficiency    Sec. 294(d)(2)

  1953      67854     $ 30,582.59
  1954      74913       10,991.98       $ 701.31
  1954      74914       11,159.99         723.63
  1955      77098       30,763.42
  1956...

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