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RASHTI CONSTRUCTION COMPANY, INC. v. COMMISSIONER

Docket Nos. 30703-83, 30704-83.

55 T.C.M. 524 (1988)

T.C. Memo. 1988-140

Rashti Construction Company, Inc. v. Commissioner. Aaron Rashti and Ruth K. Rashti v. Commissioner.

United States Tax Court.

Filed March 31, 1988.

Attorney(s) appearing for the Case

Lynn Ross, Jr., 201 Main St., Fort Worth, Tex., for petitioners. John S. Repsis, for respondent.

Memorandum Findings of Fact and Opinion

SHIELDS, Judge:

In these cases, which have been consolidated for trial, briefing and opinion, respondent determined deficiencies in petitioners' Federal income tax as follows:

           RASHTI CONSTRUCTION COMPANY,
                      INC.

    Year Ending                  Deficiency

  July 31, 1976                  $49,980.00
  July 31, 1977                   63,007.00
  July 31...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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