Memorandum Findings of Fact and Opinion
This proceeding involves a deficiency of $1,108.90 in petitioner's income tax for 1943. The sole question in issue is whether the Commissioner correctly included in petitioner's taxable income a percentage of the profits of a liquor business, conducted in connection with the operation of a drug store, which the petitioner claims belonged to his son. The year 1942 is also before us by reason of the forgiveness feature of the...
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