Memorandum Findings of Fact and Opinion
MULRONEY, Judge:
The respondent determined deficiencies in the petitioners' income tax and addition to tax, as follows:
Addition to Tax Under Year Deficiency Sec. 294(d)(2) 1952 ........... $ 7,620.63 ........ 1953 ........... 24,555.70 $2,106.22
The issue in this case is whether petitioner...
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