The Commissioner determined a deficiency in the petitioner's income and excess profits tax for 1950 in the amount of $3,150.13. The only issue for decision is whether the amount of $8,224 spent by the petitioner in 1950 to construct a drainage system was deductible either as an ordinary and necessary business expense or as a loss, as contended by the petitioner, or whether it was a nondepreciable capital expenditure, as determined by the Commissioner. An alternative issue...
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