ATLANTA ATHLETIC CLUB v. COMMISSIONER

Docket No. 28512-88.

61 T.C.M. 2011 (1991)

T.C. Memo. 1991-83

Atlanta Athletic Club v. Commissioner.

United States Tax Court.

Filed February 28, 1991.


Attorney(s) appearing for the Case

Terence J. Greene and Sidney O. Smith, 1201 West Peachtree St., Atlanta, Ga., for the petitioner. Eric B. Jorgensen, for the respondent.


Memorandum Findings of Fact and Opinion

WHITAKER, Judge:

Respondent determined deficiencies in petitioner's Federal income taxes for the taxable years ended March 31, 1980, through March 31, 1986, as follows:

Tax Year Ended                       Deficiency

March 31, 1980 ...................     $  6,054
March 31, 1981 ...................        3,558
March 31, 1982 ...................      321,225
March 31, 1983 ............

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