HOBSON MOTOR COMPANY, INC. v. COMMISSIONER

Docket No. 23420-88.

59 T.C.M. 884 (1990)

T.C. Memo. 1990-297

Hobson Motor Company, Inc. v. Commissioner.

United States Tax Court.

Filed June 18, 1990.


Attorney(s) appearing for the Case

Walter M. Ebel III, 2000 1st Commercial Bldg., Little Rock, Ark., for the petitioner. Amy Dyar Seals, Richard J. Neubauer, and Nancy W. Hale, for the respondent.


Memorandum Findings of Fact and Opinion

PARR, Judge:

Respondent determined deficiencies in and additions to petitioner's Federal income tax as follows:

                                                  Additions to Tax
    Year Ending             Deficiency   Sec. 6653(a)(1)1      Sec. 6653(a)(2)

   March 31, 1984 ........  $27,803.53      $1,390.18                 *
   March...

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