DEVINEY CONSTRUCTION CO., INC. v. COMMISSIONER

Docket No. 9264-72.

35 T.C.M. 1742 (1976)

T.C. Memo. 1976-386

Deviney Construction Co., Inc. v. Commissioner.

United States Tax Court.

Filed December 16, 1976.


Attorney(s) appearing for the Case

S.L. Warhaftig, 425 Park Ave., New York, N.Y., for the petitioner. Vallie C. Brooks, for the respondent.


Memorandum Findings of Fact and Opinion

GOFFE, Judge:

The Commissioner determined a deficiency in petitioner's Federal income tax for the taxable year ended August 1, 1968, in the amount of $196,246.47. The issues presented for decision are as follows:

(1) Whether respondent is estopped from reopening petitioner's case for the taxable year ended August 1, 1968, after it was closed in accordance with an agreement reached at a district conference;...

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