DUBITZKY v. COMMISSIONER

Docket No. 3876-69.

60 T.C. 29 (1973)

AARON DUBITZKY, AND SIMCHA DUBITZKY, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed April 9, 1973.


Attorney(s) appearing for the Case

Robert A. Jacobs, for the petitioners.

Jay S. Hamelburg and Steedly Young, for the respondent.


QUEALY, Judge:

Respondent determined deficiencies for the taxable years 1963 and 1964 in the amounts of $33,357.81 and $57,349.03, respectively.

Certain issues having been agreed to by the parties, the sole question remaining for determination is whether for the taxable year 1964 petitioners are entitled to a deduction under section 164(a)(1)1 on account of the transfer of certain...

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