Memorandum Opinion
LEECH, Judge:
For the calendar year ending December 31, 1939, respondent determined deficiencies in income taxes and declared value excess-profits taxes in the respective amounts of $1,529.12 and $234.97. This deficiency resulted from the action of the respondent in reducing by $15,716.45 the amount claimed by petitioner as depreciation in the taxable year on certain sheep and goats. The only issue is the propriety of that action.
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