The deficiencies determined against petitioner are in the amounts of $997.70 and $11,111.43 income tax for the calendar years 1940 and 1941, respectively, and $34,918.30 excess profits tax for the calendar year 1941. Further, respondent disallowed petitioner's application for relief and claim for refund for 1941 filed under section 722 of the Internal Revenue Code as amended.
All assignments of error with respect to respondent's adjustments affecting petitioner's...
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