United States Tax Court May 31, 1994, Docket Nos. 15863-90, 2294-91, 20520-91 (Concord Instruments Corp. v. Commissioner)

CONCORD INSTRUMENTS CORPORATION, f.k.a. CONCORD CONTROL, INC., ET Al., 1 Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Concord Instruments Corp. v. Commissioner Docket Nos. 15863-90, 2294-91, 20520-91 United States Tax Court T.C. Memo 1994-248; 1994 Tax Ct. Memo LEXIS 244; 67 T.C.M. (CCH) 3036; May 31, 1994, Filed *244 For petitioner: Michael I. Saltzman and Barbara T. Kaplan.