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PALO ALTO TOWN & COUNTRY VILLAGE, INC. v. COMMISSIONER

Docket Nos. 5947-70 — 5949-70.

32 T.C.M. 1048 (1973)

T.C. Memo. 1973-223

Palo Alto Town & Country Village, Inc., et al. v. Commissioner.

United States Tax Court.

Filed October 10, 1973.

Attorney(s) appearing for the Case

Julian N. Stern, Wells Fargo Bldg., 44 Montgomery St., San Francisco, Calif., for the petitioners. Edward B. Simpson and William E. Saul, for the respondent.

Memorandum Findings of Fact and Opinion

WITHEY, Judge:

For petitioner Palo Alto Town & Country Village, Inc., in docket No. 5947-70, the respondent has determined deficiencies in income taxes as follows:

 Taxable year ended
     April 30            Deficiency

      1963 ............  $58,053.27
      1964 ............   60,680.88
      1965 ............   52,332.15
      1966 ............   46,977.77
      1967 ............   43,985...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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