Respondent determined a deficiency in income and victory tax in the amount of $1,224.62 for the calendar year 1943. Petitioners having conceded certain adjustments made by respondent, one issue remains: Whether respondent was correct in adding to petitioners' gross income an item of $1,800, representing the agreed fair rental value of an apartment occupied by petitioners rent-free.
FINDINGS OF FACT.
Petitioners, who are husband and wife, are residents of...
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