DocketNumber: Docket No. 16598.
Citation Numbers: 8 T.C.M. 507, 1949 Tax Ct. Memo LEXIS 172
Filed Date: 5/27/1949
Status: Non-Precedential
Modified Date: 11/21/2020
Memorandum Findings of Fact and Opinion
KERN, Judge: Respondent determined deficiencies in petitioner's excess profits tax for the years 1942 and 1943 in the respective amounts of $3,582.46 and $2,650.55. He also determined a deficiency in petitioner's income tax for the year 1944 in the sum of $1,867.01, together with a penalty in the sum of $93.35. In the proceeding before us petitioner has put in issue only one adjustment made by respondent, which was respondent's disallowance in part of a deduction claimed under
The facts have been completely stipulated and we incorporate the stipulation herein by reference.
[The Facts]
The facts disclosed by the stipulation are, in all material respects, similar to those present in
[Opinion]
Under the authority of
Decision will be entered*174 for the respondent.