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LITTON BUSINESS SYSTEMS, INC. v. COMMISSIONER

Docket No. 1085-68.

61 T.C. 367 (1973)

LITTON BUSINESS SYSTEMS, INC., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed December 26, 1973.

Attorney(s) appearing for the Case

Deane E. McCormick, Jr., for the petitioner.

Sheldon M. Sisson, for the respondent.

DAWSON, Judge:*

In his statutory notice of deficiency respondent determined the following deficiencies in the Federal income taxes of Eureka-Carlisle Co. (formerly Eureka Specialty Printing Co.), which was later acquired by petitioner pursuant to a statutory merger:

TYE July 31—                                 Amount

1962 ---------------------------------- $429,625.36
1963 ------------------...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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