Memorandum Findings of Fact and Opinion
LEECH, Judge:
Respondent has determined deficiencies in income taxes of petitioners for the calendar years 1935, 1936 and 1937 in the respective amounts of $347.59, $7,870.49, and $322.63. Nine issues were raised by the petition but one of these, the disallowance of a deduction of $4,515.48 as a bad debt of one Isador Weiss, was abandoned by the petitioners on the hearing.
As general facts pertaining to all...
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