Memorandum Sur Decision
SMITH, Judge:
In their respective computations for entry of decision both parties are in agreement that there are no deficiencies in income tax and personal holding company surtax for 1936 but that there are deficiencies in excess profits tax and personal holding company surtax for 1937 in the respective amounts of $193.33 and $1,965.28, respectively. The petitioner contends that the correct income tax deficiency for 1937 is $233...
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