Opinion
10254-21S
06-17-2022
MOHAMMED B. CHOWDHURY, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Eunkyong Choi Special Trial Judge
This case was set on the calendar for the Trial Session of the Court at New York City, New York, scheduled to begin on June 13, 2022. On May 20, 2022 respondent filed a Motion to Dismiss for Lack of Prosecution. On June 13, 2022, this case was called and then recalled from the calendar, both petitioner and counsel for respondent appeared and were heard. After entering into discussions the parties informed the Court that a settlement had been reached. At that time counsel for respondent made an oral Motion for Entry of Decision and read into the record the terms of the decision. Petitioner agreed. After due consideration and for cause more fully appearing in the transcript of the proceeding, it is hereby
ORDERED that respondent's Motion to Dismiss for Lack of Prosecution filed May 20, 2022 is denied. It is further
ORDERED that respondent's oral Motion for Entry of Decision is granted. It is further
ORDERED AND DECIDED that there is a deficiency in Federal income tax due from petitioner for the taxable year 2017 in the amount of $8,770.00 and
That there is no accuracy-related penalty due from petitioner for the taxable year 2017, under the provisions of I.R.C. section 6662(a).