United States Tax Court February 14, 2011, Docket No. 21355-03. (Gundanna v. Comm'r)

SETTY GUNDANNA AND PRABHAVATHI KATTA VIRALAM, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Gundanna v. Comm'r Docket No. 21355-03. United States Tax Court 136 T.C. 151; 2011 U.S. Tax Ct. LEXIS 8; 136 T.C. No. 8; February 14, 2011, Filed *8 Decision will be entered under Rule 155. In 1998 P-H transferred stocks and cash to X, an organization described in I.R.C. sec.