50 T.C. 52 (1968), 5697-65, Budget Credits, Inc. v. Commissioner of Internal Revenue

Citation: 50 T.C. 52

Opinion Judge: TANNENWALD, Judge:

Party Name: BUDGET CREDITS, INC., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

Attorney: Miles Jaffe, for the petitioner. Chauncey W. Tuttle, Jr., for the respondent.

Judge Panel: FAY, J., dissenting: SIMPSON, J., agrees with this dissenting opinion. SIMPSON, J., dissenting: FAY, J., agrees with this dissenting opinion.

Case Date: April 15, 1968

Court: U.S. Tax Court