Memorandum Findings of Fact and Opinion
OPPER, Judge:
Respondent determined deficiencies in petitioner's income tax for the fiscal years ended June 30, 1951 and 1952, in the amounts of $139,128.94 and $114,225.43, respectively.
The questions presented are: (1) Whether rental payments were required as a condition to the continued use or possession of the leased property; (2) whether salaries paid to petitioner's officers were reasonable compensation...
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