POSEY W. MYERS, AND CLYDE W. MYERS, PETITIONERS,
v.
COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

4th Cir. | 1955-02-08
No. 6905
218 F.2d 823 United States Court of Appeals for the Fourth Circuit (1955) Positive Treatment
Cited by 5 cases

Opinion of the Court
PER CURIAM.

PER CURIAM.

This is a petition to review a decision of the Tax Court imposing deficiency assessments and penalties because of fraudulent returns of income tax. We think that the contentions of the petitioner are without merit and that the decision of the Tax Court should be affirmed, except with respect to a finding that taxpayer had $13,000 in cash as of December 31, 1947. Counsel for the government concede error as to this, and the case must be remanded to the Tax Court to correct this error and to make such changes in its findings and conclusions as may properly result from • the correction. The decision appealed from will accordingly be affirmed except with respect to this matter and the case will be remanded to the Tax Court for further proceedings not inconsistent herewith.

Affirmed in part, reversed in part and remanded with directions.


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