SCOTT, Judge:
Respondent determined a deficiency in petitioner's income tax for its taxable year ending April 30, 1967, in the amount of $8,100.
The only issue for decision is whether petitioner is entitled to amortize $40,000 paid in connection with obtaining additional space under a supplement to a lease over the stated term of the lease and option to renew, or whether the payment was in substance made for an intangible asset with no determinable...
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