DAKTRONICS, INC. v. COMMISSIONER

Docket No. 298-88.

61 T.C.M. 1896 (1991)

T.C. Memo. 1991-60

Daktronics, Inc. and Subsidiary v. Commissioner.

United States Tax Court.

Filed February 13, 1991.


Attorney(s) appearing for the Case

Lewayne M. Erickson, 806 Twenty Second Ave., South, Brookings, S.D., for the petitioner. Douglas W. Hinds, for the respondent.


Memorandum Opinion

FAY, Judge:

Respondent determined deficiencies in Federal income tax for fiscal years ending April 30, 1983, April 30, 1984 and April 30, 1985 in the amount of $84,220, $106,417, and $141,585, respectively. The issues remaining for decision are as follows:

1. Whether Daktronics, Inc., failed to make a valid application pursuant to section 1741 to change its method of treating research and experimental...

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