BUILDERS' EXCHANGE OF TEXAS, INC. v. COMMISSIONER

Docket No. 6120-70.

31 T.C.M. 844 (1972)

T.C. Memo. 1972-172

Builders' Exchange of Texas, Inc. v. Commissioner.

United States Tax Court.

Filed August 14, 1972.


Attorney(s) appearing for the Case

Muckleroy McDonnold, 805 NBC Bldg., San Antonio, Tex., for the petitioner. W. Read Smith, for the respondent.


Memorandum Findings of Fact and Opinion

TANNENWALD, Judge:

Respondent determined the following deficiencies in petitioner's income tax:

  Taxable Year Ended                  Deficiency

    June 30, 1967 ..................  $1,007.81
    June 30, 1969 ..................     438.67

We are asked to determine whether respondent's retroactive revocation of his prior ruling granting petitioner tax-exempt status under section 501(c)...

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