United States Tax Court December 21, 1972, Docket Nos: 3823-71, 3824-71. (Champion Trophy Mfg. Corp. v. Commissioner)

CHAMPION TROPHY MFG. CORP., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent LEO C. BASILE and CATHERINE BASILE, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Champion Trophy Mfg. Corp. v. Commissioner Docket Nos: 3823-71, 3824-71. United States Tax Court T.C. Memo 1972-250; 1972 Tax Ct. Memo LEXIS 6; 31 T.C.M. (CCH) 1236; T.C.M. (RIA) 72250; December 21, 1972, Filed Leo C.