OPINION.
MELLOTT, Judge:
The Commissioner determined a deficiency in petitioner's excess profits tax for the year 1941 in the amount of $5,092.75 and overassessments in its income tax for the years 1940 and 1941 in the aggregate amount of $1,547.11.
The proceeding was submitted upon a stipulation of facts, all of which are accordingly found. The sole issue is whether the Commissioner erred in determining that a deduction of $8,000 was not...
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