The Commissioner determined deficiencies of $665.32 and $355.87 in petitioner's income and declared value excess profits taxes, respectively, for the fiscal year ended May 31, 1944, and a deficiency of $10,201.73 in excess profits tax for the fiscal year ended May 31, 1945. As to fiscal 1944 petitioner assigns error in the disallowance as a deduction of amounts expended for new slip covers and the reupholstering of its hotel furniture. As to fiscal 1945, it claims the right...
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