PEARLAND INVESTMENT COMPANY v. COMMISSIONER

Docket No. 18348-89.

62 T.C.M. 1221 (1991)

T.C. Memo. 1991-562

Pearland Investment Company v. Commissioner.

United States Tax Court.

Filed November 19, 1991.


Attorney(s) appearing for the Case

Melvin M. Engel, Three Riverway, Houston, Tex., for the petitioner. Richard T. Cummings, for the respondent.


Memorandum Opinion

RAUM, Judge:

The Commissioner determined deficiencies in the income tax of Pearland Investment Company (petitioner) as follows:

                                                    Initial Tax Liability   Addition to the Tax
Tax Year Ended                                        Section 4975(a)1      Section 6651(a)(1)

November 30, 1982 ........................

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