PER CURIAM.
The petitioner seeks to expunge a deficiency in its income tax assessed against it for the year 1940, which the Tax Court has affirmed. The only question is whether it is entitled to take a deduction in its return for a loss in disposing of 390 shares of stock in its subsidiary — the Spirella Western Company, Inc. The facts were as follows. The Spirella Western Company was organized in 1933 with a capital stock of 1000 shares without par value....
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