RENARD v. COMMISSIONER

Docket No. 2650-69.

31 T.C.M. 1210 (1972)

T.C. Memo. 1972-244

Henry H. Renard and Ruth Renard v. Commissioner.

United States Tax Court.

Filed December 11, 1972.


Attorney(s) appearing for the Case

Sidney Bender, 405 Lexington Ave., New York, N.Y., Aaron Lewittes and Howard Weitz, for the petitioners. Powell W. Holly, Jr. and Steedly Young, for the respondent.


Memorandum Findings of Fact and Opinion

STERRETT, Judge:

Respondent determined a deficiency in petitioners' Federal income tax and an addition to tax in the following amounts:

                                 Addition to
                                  tax under
  Year             Deficiency   Sec. 6653(a)1

  1965...........  $64,618.59     $3,230.93

Due to concessions the issues remaining for adjudication...

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