55 T.C. 879 (1971), 904-70, Cincinnati Transit, Inc. v. C.I.R.

Citation: 55 T.C. 879

Opinion Judge: DRENNEN, Judge:

Party Name: CINCINNATI TRANSIT, INC., SUCCESSOR-IN-INTEREST TO THE CINCINNATI TRANSIT COMPANY (NOW KNOWN AS AMERICAN CONTROLLED INDUSTRIES, INC.) AND THE CINCINNATI TRANSIT COMPANY (NOW KNOWN AS AMERICAN CONTROLLED INDUSTRIES, INC.), PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

Attorney: Robert S. Brown, for the petitioner. Aleksanders V. Laurins, for the respondent.

Case Date: Thursday February 25, 1971

Court: U.S. Tax Court