DAWSON, Judge:
Respondent determined a deficiency in income tax of petitioners for the taxable year 1959 in the amount of $16,105.15.
The only issue for decision is whether petitioners are entitled to depletion of $19,120.17 on an oil bonus where the lease was granted and released, after the recovery of 15 barrels of oil, within the taxable year.
FINDINGS OF FACT
Some of the facts have been stipulated. The stipulation of facts and...
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