Memorandum Findings of Fact and Opinion
LEECH, Judge:
Respondent determined deficiencies against petitioner as follows:
Income tax: Fiscal year ended June 30, 1937 ...... $1,147.61 Fiscal year ended June 30, 1938 ...... 430.63 Excess-profits tax: Fiscal year ended June 30, 1938 ...... 83.51
The only issue submitted is whether respondent erred in disallowing, as excessive depreciation, $9,000 claimed...
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