Respondent determined a deficiency in income tax for 1941 in the amount of $12,662.23. Petitioner makes no objection to the adjustments made by respondent in determining the deficiency. He alleges that he is entitled to a deduction of more than $100,000 for war losses under sections 127, 117, and 23, Internal Revenue Code. No deduction for war losses was claimed by petitioner on his 1941 tax returns, and no deduction therefor has been allowed by the respondent. Petitioner...
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