OAK INDUSTRIES, INC. v. COMMISSIONER

Docket No. 37866-84.

96 T.C. 559 (1991)

OAK INDUSTRIES, INC. AND SUBSIDIARIES, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed April 1, 1991.


Attorney(s) appearing for the Case

John P. Warner, for the petitioner.

Margaret R. Reichenberg, for the respondent.


OPINION

NIMS, Chief Judge:

This case is before the Court for reconsideration of the opinion in Oak Industries, Inc. v. Commissioner, T.C. Memo. 1987-65, filed January 29, 1987. The sole issue for decision is whether the opinion in Oak Industries, Inc. v. Commissioner, supra, should be revised due to the Supreme Court's decision in Commissioner v. Indianapolis Power & Light Co.,

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