Memorandum Opinion
OPPER, Judge:
Deficiencies in petitioner's income taxes for 1943 and 1945 in the respective amounts of $5,470.94 nd $2,996.87 all of which are in issue were determined by respondent. The sole question is petitioner's basis for bonds it sold in 1945 and upon which it reported a smaller gain than respondent determined to be proper. 1943 is involved only by reason of a net loss carryback which it is agreed will stand or fall according to...
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