United States Tax Court June 30, 1950, Docket Nos. 20744, 20745 (Bausch v. Commissioner)

lead-opinion

OPINION.

Black, Judge:

So far as we can see there is no real controversy between the parties as to the facts in the instant case. The controversy is as to payments of $10,500 which the estate of Edward Bausch received and $15,000 which the estate of William Bausch received from the Bausch & Lomb Optical Company in the year 1945.