Memorandum Findings of Fact and Opinion
OPPER, Judge:
By this proceeding petitioner challenges respondent's determination of a deficiency in excess-profits tax for 1943, in the amount of $21,739.54.
The sole question is whether respondent erred in disallowing a deduction as an ordinary and necessary business expense of an amount paid to the Office of Price Administration by reason of petitioner's overcharges to its customers.
The case was...
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