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LARK SALES COMPANY v. C. I. R.

No. 17981.

437 F.2d 1067 (1970)

LARK SALES COMPANY, Appellant, v. COMMISSIONER OF INTERNAL REVENUE, Appellee.

United States Court of Appeals, Seventh Circuit.

Rehearing Denied January 21, 1971.

Attorney(s) appearing for the Case

John F. Kelly, Chicago, Ill., Duane P. Benson, Moline, Ill., for appellant.

Johnnie M. Walters, Asst. Atty. Gen., Gordon S. Gilman, Atty., Tax Division, U. S. Department of Justice, Washington, D. C., Lee A. Jackson, William A. Friedlander, Attys., Department of Justice, Washington, D. C., for appellee.

Before HASTINGS, Senior Circuit Judge, and CUMMINGS and PELL, Circuit Judges.

PELL, Circuit Judge.

Taxpayer, Lark Sales Company, an Illinois corporation, appeals from the decision of the Tax Court which sustained, in part, the determination of deficiencies against Lark by the Commissioner of Internal Revenue in the amounts of $109,791.04, $93,635.42, $69,875.71 and $52,118.70 for the respective years of 1955, 1956, 1957 and 1958.1 The Tax Court redetermined the deficiencies in the amounts of $106,425.24, $57,410...

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