BHA ENTERPRISES, INC. v. COMMISSIONER

Docket No. 8371-78.

74 T.C. 593 (1980)

BHA ENTERPRISES, INC., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed June 24, 1980.


Attorney(s) appearing for the Case

Mark D. Pastor, for the petitioner.

Marshall W. Taylor, for the respondent.


NIMS, Judge:

Respondent determined deficiencies in petitioner's income tax for the taxable years ending April 30, 1974, and April 30, 1975, in the respective amounts of $9,267 and $5,364. The issue for decision is whether petitioner, a radio broadcasting corporation, is entitled to deduct litigation expenses incurred in connection with proceedings instituted by the Federal Communications Commission to revoke its broadcasting licenses.

FINDINGS OF FACT...

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