LA FERA CONTRACTING COMPANY v. COMMISSIONER

Docket No. 424-70.

30 T.C.M. 691 (1971)

T.C. Memo. 1971-161

La Fera Contracting Company v. Commissioner.

United States Tax Court.

Filed July 12, 1971.


Attorney(s) appearing for the Case

Martin D. Cohen, 744 Broad St., Newark, N. J., and Samuel Klein, for the petitioner. John J. Hopkins, for the respondent.


Memorandum Findings of Fact and Opinion

QUEALY, Judge:

The respondent determined a deficiency in petitioner's income tax for the taxable year ended September 30, 1964 in the amount of $5,214.02.

Other issues having been previously disposed of, the parties filed a stipulation at trial in which the petitioner conceded the respondent's disallowance of the petitioner's claimed salary deductions.

This stipulation of the parties also sets forth...

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