ESTATE OF HARRISON v. COMMISSIONER

Memorandum Findings of Fact and Opinion

The Commissioner had a deficiency in petitioner's income tax for the year 1943, of $26,633.21 and a fraud penalty of $13,316.61. The deficiencies are based upon adjustments for the years 1942 and 1943. The year 1942 is involved because of the Current Tax Payment Act of 1943. The main adjustments are for 1943 and are as follows:

  (a) Deductible Expenses Disallowed ..  $ 7,072.31
  (b) Bad Debt Disallowed .......

                    
                    
                    

                        

                            

                                

                            
                            

                                

                                    

                                        

                                        

                                        

                                    
                                
                                

                                    
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