Respondent determined a deficiency in income tax in the amount of $1,963.78 for the year 1958.
The parties have stipulated that the issue submitted to this Court for decision is whether the expenditures totaling $11,670.61, made by petitioner Harold Haft during the year 1958, were ordinary and necessary expenses paid or incurred by him in carrying on any trade or business.
FINDINGS OF FACT
Some of the facts have been stipulated, and, as stipulated...
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