This proceeding involves income and victory taxes for the calendar year 1943 in the amount of $737.62. The respondent requests an increased deficiency in the sum of $25.90.
The issues are:
(1) Whether the respondent erred in disallowing a claimed loss of $10,800 on petitioner's 1942 income tax return.
(2) If the respondent erred as to issue (1), did the respondent further err in disallowing a claimed loss for 1942 carried forward to petitioner's 1943...
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