Memorandum Findings of Fact and Opinion
The Commissioner determined a deficiency of $25,556.53 in the petitioner's income and victory tax for the calendar year 1943. The Commissioner explained in the notice of deficiency "that your distributive share of the net income of the partnership firm of Hargrove Construction Co. for the taxable year August 1, 1943 to December 31, 1943 amounted to $51,986.91 rather than $10,610.93 as reported in your return." The petitioner...
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