Court of Appeals for the Ninth Circuit February 19, 1936, No. 7881 (Commissioner v. Bullock's)

MATHEWS, Circuit Judge.

The Commissioner of Internal Revenue determined deficiencies in the income taxes paid by Bullock’s, a corporation (hereinafter referred to; as the taxpayer), for its fiscal jrears ending January 31, 1925, and January 31, 1927. For brevity’s sake, these fiscal years are hereinafter referred to as 1925 and 1927; the phras.e “fiscal year ending January 31” being omitted.