SCOTT, Judge:
Respondent determined deficiencies in petitioners' income taxes for the calendar years 1961, 1962, and 1963 in the amounts of $46,066.22, $36,873.26, and $45,389.87, respectively.
Most of the issues raised by the pleadings have been disposed of by agreement of the parties, leaving for our decision whether amounts received by one of petitioners from Falk Corp. with respect to the manufacture by that corporation of a flexible clutch are...
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