Memorandum Findings of Fact and Opinion
SCOTT, Judge:
Respondent determined deficiencies in petitioners' income tax for the year 1953 in the amount of $21,969.95 and for the year 1955 in the amount of $1,539.99. The issues for decision are (1) whether respondent properly determined that depreciation on cars used by Roddy Transportation Company, a business conducted by John W. Roddy as a sole proprietorship, should be on the basis of the useful life of the...
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