IDI MANAGEMENT, INC. v. COMMISSIONER

Docket No. 6830-74.

36 T.C.M. 1482 (1977)

T.C. Memo. 1977-369

IDI Management, Inc., and subsidiaries v. Commissioner.

United States Tax Court.

Filed October 25, 1977.


Attorney(s) appearing for the Case

William R. Seaman and Ronald E. Heinlen, 2900 Walnut St., Cincinnati, Ohio, for the petitioner. Conley G. Wilkerson, for the respondent.


Memorandum Findings of Fact and Opinion

TANNENWALD, Judge:

Respondent determined the following deficiencies in petitioner's Federal income tax:

  Year              Deficiency

  1963 ........... $   75,297.04
  1964 ...........      1,837.35
  1965 ...........    226,925.69
  1966 ...........    552,921.68
  1967 ...........    644,722.01
  1968 ...........  1,587,827.91
  1969 ...........    514,598.33
  1970 ...........    403,146...

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