49 T.C. 606 (1968), 3149-65, Dorsey v. Commissioner of Internal Revenue

Citation: 49 T.C. 606

Opinion Judge: DAWSON, Judge:

Party Name: STEPHEN H. DORSEY, ET AL.,[1] PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

Attorney: George O. Philips and Francis E. Marshall, for the petitioners. Dennis C. DeBerry, for the respondent.

Judge Panel: SIMPSON, J., dissenting: RAUM and WITHEY, JJ., agree with this dissenting opinion.

Case Date: March 15, 1968

Court: U.S. Tax Court