The respondent determined a deficiency in petitioner's income tax for the years 1942 and 1943 in the respective amounts of $6,921.73 and $7,867.94. The deficiency is primarily due to the addition to petitioner's net income in the taxable years 1942 and 1943 of the respective amounts of $17,304.33 and $13,528.26 which were designated by it in its return as stockholders' contributions. These adjustments are explained in the deficiency notice as follows:
(a) It is held...
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