The respondent determined deficiencies in income tax, declared value excess profits tax, and excess profits tax, of $282.06, $83.04, and $4,261.87, respectively, against petitioner for the fiscal year ended August 31, 1941. Petitioner has paid the deficiencies in income tax and declared value excess profits tax and has waived any contention relative thereto. As to the deficiency in excess profits tax of $4,261.87, petitioner assigns but one error, namely:
The determination...
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