This proceeding involves a deficiency determined by respondent against petitioners in the amount of $8,307.03 in income and victory tax for the calendar year 1943. Of that deficiency only $4,770.71 is in controversy. The computation of the deficiency involves income of both 1942 and 1943, pursuant to the provisions of the Current Tax Payment Act of 1943.
Petitioners assign error in respondent's disallowance of deductions of $4,217.98 in 1942 and $4,813.14 in 1943...
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