The respondent determined deficiencies of $260.48 and $8,429.22 in the petitioner's income tax for the calendar years 1940 and 1941, respectively. He also asserted negligence penalties of $13.02 and $421.46 against the petitioner for the same respective years. The petitioner has appealed from the respondent's determination of deficiency relating to the year 1941 only.
The major issue is whether, beginning October 10, 1941, the business conducted under the name of...
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