B. FORMAN COMPANY, INC. v. COMMISSIONER

Docket Nos. 468-69, 469-69.

54 T.C. 912 (1970)

B. FORMAN COMPANY, INC., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. McCURDY & COMPANY, INC., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed May 4, 1970.


Attorney(s) appearing for the Case

Ellsworth A. Van Graafeiland, Peter L. Faber, and William M. Colby, for the petitioners.

Marvin E. Hagen and Stephen M. Miller, for the respondent.


TANNENWALD, Judge:

Respondent has determined deficiencies in petitioners' Federal income taxes as follows:

        Petitioner                          TYEDeficiency

                                         Jan. 30, 1965   $66,025.55
B. Forman Co., Inc. -------------------  Jan. 29, 1966    58,775.14
                                         Jan. 28, 1967    59,692...

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