Memorandum Findings of Fact and Opinion
OPPER, Judge:
Petitioner challenges respondent's determination of deficiency in income, declared value excess-profits, and excess-profits taxes for the calendar year 1941, and excess-profits tax penalty, as follows:
Income tax ............................ $19,369.71 Declared value excess-profits tax ..... 8,977.93 Excess-profits tax .................... 14,199.27 Excess-profits tax penalty...
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