Arun and Asmita Bhatia - Page 14

                                         14                                           
               In sum, we hold that petitioners' assertions in respect of             
          basis under section 1366(d)(1)(B) and liability for the addition            
          to tax under section 6661 should be rejected and respondent's               
          determinations sustained.                                                   
               To reflect the foregoing and to take into account other                
          possible adjustments,                                                       
                                                  Decision will be entered            
                                             under Rule 155.                          

































Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  

Last modified: May 25, 2011