This proceeding involves the following deficiencies and penalties:
------------------------------------------------------------- Year | Income tax | 25% penalty -----------------------------------|------------|------------ 1940 ----------------------------- | $7,421.27 | $1,855.32 1941 ----------------------------- | 30,269.77 | 7,567.44 1942 ----------------------------- | 6,486.17 | 1,621.54 1943 -------------...
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