T.C. Memo. 2000-317
UNITED STATES TAX COURT
DIESEL COUNTRY TRUCK STOP, INC., Petitioner v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 5863-97. Filed October 6, 2000.
P operated a truck stop that sold diesel fuel and
engaged in several other business activities.
1. Held: P underreported its income from the sale of
diesel fuel. Amounts determined.
2. Held, further, P’s disputed deductions for
automobile and rental expenses are disallowed. Burden of
proof.
3. Held, further, P is liable for an accuracy-related
penalty under sec. 6662(a), I.R.C. 1986, negligence, etc.
Steve Khachatourian (an officer), for petitioner.
Dale A. Zusi, for respondent.
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011