PER CURIAM.
This case involves the question of whether under section 23 (r) of the Revenue Act of 1932, a loss sustained by the taxpayer (who was engaged in the business of trading in securities) on his individual transactions in stocks and bonds held for two years or less may be offset against his share of partnership profits realized from similar transactions during the same taxable period. Some other questions were also presented which are not necessary to be considered...
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