United States Tax Court July 23, 1973, Docket Nos. 7486-70, 3837-71, 3838-71, 3848-71, 3849-71 (Ross Glove Co. v. Commissioner)

lead-opinion

SimpsoN, Judge:

The respondent determined the following deficiencies in, and additions to, the petitioners’ income tax:

Petitioner Year Deficiency Sec. 6653(b) [2] Sec. 6664(a) addition addition Ross Glove Co.1961 1962 1963 1964 1966 1968 1969 Carl and Janet Ross__...._... 1961 1962 1963 1966 1966 1968 1969 $19,076.42 . 66,424.72 . 73,307.41 . 66,528.43 . 60.269.62 $30,129.76 .