Investment Research Associates - Page 98




                                       - 18 -                                         
                    Petitioner                 Docket No.     Year(s)                 
          Investment Research Associates,       45273-86   1982                       
          Ltd.,and Subsidiaries              43966-85   1979                          
          Burton W. and Naomi R. Kanter      712-86   1981                            
                                             1350-87   1982                           
                                             31301-87   1978                          
                                             33557-87   1980                          
                                             3456-88   1979                           
                                             32103-88   1984                          
                                             26251-90   1983, 1986                    
                                             24002-91   1987                          
                                             26918-92   1988                          
                                             25981-93   1989                          
          Claude M. and Mary B. Ballard      16421-90   1982                          
                                             20211-91   1984                          
                                             21616-91   1987                          
                                             1984-92   1975, 1976, 1977               
                                                      1978, 1979, 1980               
                                                       1981                           
          23743-92   1988                                                             
          22884-93   1989                                                             
          Estate of Robert W. Lisle,         20219-91   1984                          
          Deceased, etc.                      21555-91   1987                         
          16164-92   1988                                                             
          7557-93   1989                                                              
               In the amended answers, respondent alleged that the                    
          underpayments in tax with respect to all or, alternatively, with            
          respect to substantial portions of the increased deficiencies in            
          tax were subject to the addition to tax for fraud pursuant to               
          section 6653(b) or the penalty for fraud pursuant to section                
          6663(a) in the following cases:5                                            

          5                                                                           
               For the years 1976 through 1981, the addition to tax for               
          fraud is under sec. 6653(b).  For the years 1982 through 1985,              
          the addition to tax for fraud is under sec. 6653(b)(1) and (2).             
          For 1986 and 1987, the addition to tax for fraud is under sec.              
          6653(b)(1)(A) and (B).  For 1988, the addition for fraud is under           
                                                             (continued...)           





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