Memorandum Findings of Fact and Opinion
MELLOTT, Judge:
The Commissioner determined the following deficiencies:
Income Excess Profits Year Tax Tax 1939......... $65,825.01 $29.80
Petitioner concedes that the adjustments to net income were proper, that the deficiency in excess-profits tax is correct and that there is a deficiency in income tax in the amount of $88.70...
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