RESORTS INTERNATIONAL, INC. v. COMMISSIONER

Docket No. 145-68.

60 T.C. 778 (1973)

RESORTS INTERNATIONAL, INC., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed August 27, 1973.


Attorney(s) appearing for the Case

John K. Antholis, for the petitioner.

Agatha L. Vorsanger and Alfred C. Bishop, Jr., for the respondent.


QUEALY, Judge:

The respondent determined deficiencies in the income tax of petitioner as follows:

    Year                                        Deficiency

    1962 ----------------------------------------  $44,885
    1963 ----------------------------------------   53,764
    1964 ----------------------------------------      987
    1965 ----------------------------------------   25,288

The principal questions...

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