BELL FIBRE PRODUCTS CORP. v. COMMISSIONER

Docket No. 9314-72.

65 T.C. 753 (1976)

BELL FIBRE PRODUCTS CORPORATION, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed January 19, 1976.


Attorney(s) appearing for the Case

Robert E. Johnson and William H. Krieg, for the petitioner.

Thomas J. Meyer, for the respondent.


FEATHERSTON, Judge:

Respondent determined deficiencies in petitioner's income tax for the taxable year ended June 30, 1968, and the taxable period July 1, 1968, to December 31, 1968, in the amounts of $34,920.29 and $27,323.59, respectively. By an amendment to his answer, filed March 28, 1975, respondent alleged an additional deficiency for the taxable period July 1, 1968, to December 31, 1968, in the amount of $88,225.62. Concessions having been made by the...

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