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FISCHER INDUSTRIES, INC. v. COMMISSIONER

Docket No. 40305-84.

87 T.C. 116 (1986)

FISCHER INDUSTRIES, INC. AND SUBSIDIARIES, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed July 17, 1986.

Attorney(s) appearing for the Case

Harlan Pomeroy, for the petitioners.

Richard S. Bloom, for the respondent.

WILLIAMS, Judge:

The Commissioner determined deficiencies in petitioners' Federal income tax for each of the taxable years 1975 through 1978 and for 1980 and additions to tax for fraud pursuant to section 6653(b)1 in the following amounts:

                                       Sec. 6653(b)
TYE Apr. 30—      Deficiency      additions to tax1

    1975 ...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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