Memorandum Opinion
DISNEY, Judge:
This case involves income tax for two periods, a taxable year ending June 30, 1939, and income tax and personal holding company surtax for a taxable period from July 1, 1939 to December 31, 1939. The petitioner agrees to a deficiency of $430.46, determined by the respondent for the first period; while the respondent admits, as to income tax, that there was overassessment of $5,950.75 for the second period. In personal holding...
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