Memorandum Findings of Fact and Opinion
HARRON, Judge:
Respondent has determined deficiencies in income tax for the years 1940 and 1941 in the respective amounts of $597.83 and $33,758.15.
Certain adjustments made by the respondent are accepted as correct by petitioner, as follows: 1940: Disallowance of a deduction of $6,957.99 for bad debts. 1941: Deduction of $1,100 for loss on the sale of a furnished...
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