Memorandum Findings of Fact and Opinion
This is a proceeding for the redetermination of a deficiency in income tax of $5,302.31 for the calendar year 1947.
The issues presented are whether certain expenditures made by petitioner in 1947 for materials and for labor, including supervision on a building which he held as lessee, were for repairs or permanent improvements; and, if such expenditures were for permanent improvements, whether the respondent correctly...
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