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BRYCE'S MOUNTAIN RESORT, INC. v. COMMISSIONER

Docket No. 26382-82.

50 T.C.M. 164 (1985)

T.C. Memo. 1985-293

Bryce's Mountain Resort, Inc., Stoney Creek Utilities, Inc., Blue Knob Resort, Inc. v. Commissioner.

United States Tax Court.

Filed June 19, 1985.

Attorney(s) appearing for the Case

Jerry L. Bowman, Sovran Center, Norfolk, Va., for the petitioners. William L. Ringuette, for the respondent.

Memorandum Findings of Fact and Opinion

DAWSON, Judge:

Respondent determined deficiencies in petitioners' consolidated Federal income taxes as follows:

   Taxable Year Ended                  Deficiency

      October 31, 1972............... $ 376,368.08
      October 31, 1973............... 1,744,701.83
      October 31, 1974............... 1,462,056.15
      October 31, 1975...............   611,986.74
      October 31, 1976.............

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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