Memorandum Opinion
ARUNDELL, Judge:
The Commissioner determined a deficiency in income tax for the year 1934 in the sum of $10,142.24. A part of the deficiency has been conceded by the petitioner, and there remains the amount of $8,623.71 in controversy. The basis of respondent's determination denying a loss deduction based on the worthlessness of certain shares of bank stock is that the stock was acquired as part of an inseparable unit, and it is now impracticable...
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