Robert Ades, Petitioner, v. Commissioner of Internal Revenue, Respondent.albert J. Ades and Sylvia Ades, Petitioners, v. Commissioner of Internal Revenue, Respondent.alan Ades and Ruth Ades, Petitioners, v. Commissioner of Internal Revenue, Respondent.joseph Ades and Rachel Ades, Petitioners, v. Commissioner of Internal Revenue, Respondent, 316 F.2d 734 (2d Cir. 1963)
Annotate this CaseDecided May 15, 1963
Petitions by taxpayers to review judgments of the Tax Court, 38 T.C. 501, Bruce M. Forrester, Judge, sustaining the Commissioner's determination of deficiencies for 1953, 1954 and 1955, resulting from the disallowance of deductions claimed, on the conversion of convertible bonds, for unamortized bond premium after exclusion of the amount attributable to the conversion feature. Affirmed.
Marvin S. Machson, New York City (Charles Korn, New York City), for petitioners.
Arthur E. Strout, Washington, D. C. (Louis F. Oberdorfer, Asst. Atty. Gen., Lee A. Jackson, Melva M. Graney, Washington, D. C., Attorneys), for respondent.
Before FRIENDLY, KAUFMAN and MARSHALL, Circuit Judges.
PER CURIAM.
We affirm on the complete and well-reasoned opinion of Judge Forrester in the Tax Court, 38 T.C. 501.
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