United States Tax Court June 16, 1987, Docket No. 6343-82. (J.H. Rutter Rex Mfg. Co. v. Commissioner)

J.H. RUTTER REX MANUFACTURING CO., INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent J.H. Rutter Rex Mfg. Co. v. Commissioner Docket No. 6343-82. United States Tax Court T.C. Memo 1987-296; 1987 Tax Ct. Memo LEXIS 296; 53 T.C.M. (CCH) 1125; T.C.M. (RIA) 87296; June 16, 1987; Affirmed in part, Reversed in part and Remanded September 7, 1988 Edward B. Benjamin, Jr. and Robert W.