The Commissioner determined deficiencies of $141.97 in income tax and $74.96 in declared value excess profits tax for the fiscal year ended September 30, 1944. The only issue is whether the petitioner is exempt from tax under section 101 (9) of the Internal Revenue Code.
FINDINGS OF FACT.
The petitioner was incorporated under the laws of Tennessee in 1907. Its return for the taxable year was filed with the collector of internal revenue for the district of...
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