Court of Appeals for the Seventh Circuit March 17, 1964, 14167_1 (Charles Oran Mensik and Mary Mensik v. Commissioner of Internal Revenue)

HASTINGS, Chief Judge.

This case is before us on petition of Charles Oran Mensik and Mary Mensik, his wife, for review of a decision of the Tax Court of the United States. Mensik v. Commissioner of Internal Revenue, 37 T.C. 703 (1962).

The Commissioner of Internal Revenue, respondent, assessed petitioners a tax deficiency of $547,967.