Memorandum Findings of Fact and Opinion
The respondent determined a deficiency in income tax of petitioner for the year 1953 in the amount of $5,902.10 and an addition to tax in the amount of $303.03 pursuant to the provisions of Section 293(a), Internal Revenue Code of 1939.
The issues are:
1. Did the respondent err in determining that petitioner had unreported income in the amount of $10,004.56 in the year 1953?
2. Did the respondent err...
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