Memorandum Findings of Fact and Opinion
This proceeding is to test the correctness of respondent's determination of a deficiency in income tax for the year 1934 in the sum of $10,090.45. The deficiency arises from the disallowance of a claimed deduction for loss on account of stock which petitioner alleges became worthless in that year. The basis of respondent's determination is that the stock claimed to be worthless was acquired as a part of an inseparable unit...
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