Memorandum Findings of Fact and Opinion
LEECH, Judge:
This proceeding involves a deficiency of $2,404.29 in income tax for the taxable year 1940, of which amount $1,999.78 is contested. The sole issue is whether the respondent erred in disallowing $6,300 of a claimed deduction of $7,500 on account of salary paid to W. R. Sullivan in the taxable year.
We find the facts to be as follows:
Findings of Fact
The petitioner is a corporation...
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