FISHER, Judge:
The respondent has determined a deficiency in petitioner's income tax for the year 1953 in the amount of $59,845.51. The sole issue before us is whether the amount of $72,982.33, which was paid by petitioner in 1953 in settlement of a Government claim that it had been charged and paid $145,964.65 in excess of the lowest legal rate for services performed by petitioner for the Government in 1943 and 1944, is deductible by the petitioner in 1953...
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