United States Tax Court August 20, 1970, Docket Nos. 2019-68, 2020-68, 2283-68 (Kresser v. Commissioner)

lead-opinion

OPINION

Raum:, Judge:

The Commissioner determined that the so-called allocation of all of the 1965 income of the Canon Manor and Westview Meadows partnerships to W. H. Appleton did not relieve the petitioner-partners of their obligation to account for their distributive shares of such income computed in accordance with their percentage interests in those enterprises.