FORRESTER, Judge:
Respondent has determined a deficiency in petitioner's Federal income taxes for the fiscal year ended January 31, 1959, in the amount of $61,245.43. Concessions have been made by both parties so that the only issue remaining for decision is whether petitioner is entitled to a long-term capital loss carryover arising out of its purchase and resale of its own shares.
FINDINGS OF FACT
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