IRWIN, Judge:
Respondent determined the following deficiencies in petitioner's income tax:
Taxable year ended Deficiency March 31, 1965 -------------------- $32,601.27 March 31, 1966 -------------------- 9,307.95
After concessions made by respondent, the sole issue for determination is whether petitioner had an economic interest in the coal in place which it mined under a lease from the Alabama...
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